Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Bulls hold at the new low after a green week #W2.
Gap between the Senkou Span A & B, increases #W3.
Gap between Tenkan Sen and Kijun Sen, reduces #W2.
Wrap:
After the Index makes a lower low, Bulls hold the low.
Looking Forward into this Week:
Chikou Span is a long way from the price line #W2.
Senkou Span A & B crossing or deflcting helps the Bull or Bear Causes respectively #W3.
Tenkan Sen and Kijun Sen, headed for a cross or deflection with these lines getting closer #W2.
Wrap:
Bears look to keep the index below the Tenkan Sen, and make some lower lows #W2.
An oversold bounce or a bullish cross of the Tenkan Sen and Kijun Sen #W2, is the next Bull hope.
