Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Bulls clear 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 clearing the Tenkan Sen, Bulls take the index in a quick spike to clear the Kijun Sen #W2.
Looking Forward into this Week:
Chikou Span approaching the price line, great for Bulls #W1.
Staying above the Kijun Sen, now critical for Bulls #W2.
Bears need to get the index below the Kijun Sen #W2.
Wrap:
Bulls look to defend the Kijun Sen #W2 and aim the Chikou Span at the Price line #W1.
Bears want a red week and life below the Kijun Sen #W2,
