Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Bears once again defend the Tenkan Sen #W2.
Gap between the Senkou Span A & B, widens some more #W3.
Gap between Tenkan Sen and Kijun Sen, again widens #W2.
Wrap:
Index still nudging the Tenkan Sen, Bears repeat their precise defense #W2.
Looking Forward into this Week:
Chikou Span starts towards the price line #W2.
Above the Tenkan Sen, the bulls get some life #W3.
Defending the Tenkan Sen, as they have, in the past three months, keeps the Bears dominant #W2.
Wrap:
Bears look to again defend the Tenkan Sen, and get more red on the screen #W2.
Breaking the 16 week stay below the Tenkan Sen #W2, with a breakout - is the Bull plan.
