Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Index makes a Doji last week as it attempts to get out of the Kumo (unsuccessfully) #W2.
Chikou Span ranges, searching - under the Kumo resistance #W1,
Bulls again manage to close above the Tenkan Sen and stay in the spot light #W2.
Wrap:
Kumo gravity holds back the Bulls, closes above the Tenkan Sen #W2.
Looking Forward into this Week:
Bulls see the index getting to above the Kumo and clearing the last high #W2.
Bears push to go lower, down Kumo #W2.
Chikou Span seeks the Price line or the Kumo #W1.
Wrap:
Bears aim to get below the Tenkan Sen, going down the Kumo #W2.
Bulls seek a life, above the Kumo and the last high #W2.
