Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Bears defend the Kijun Sen #W2.
Gap between the Senkou Span A & B,reduces #W3.
Gap between Tenkan Sen and Kijun Sen, reduces #W2.
Chikou Span approaches the Price line #W1
Wrap:
After reaching the Kijun Sen the index retreats #W2.
Looking Forward into this Week:
Chikou Span approaching the price line, great for Bulls #W1.
Staying above the Tenkan Sen, Bulls keep hopes up #W2.
Bears need to keep the index below the Kijun Sen #W2.
Wrap:
Bears look to defend the Kijun Sen #W2.
Bull would fire the index at the Kijun Sen #W2, and the Chikou Span at the Price line #W1.
