Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Index ranges within previous week's Open and Close making a Doji in the process #W2.
Chikou Span stuck at the Kumo bottom - which itself is moving up next week #W1,
Bears defend the recent highs #W2.
Wrap:
Index stays inside previous week's candle, Chikou Span again halts at the Kumo #W1.
Looking Forward into this Week:
Bulls now want Higher Highs and Higher Lows #W2.
Bears want the index below the Tenkan Sen #W2.
Chikou Span can now slide up along the Kumo bottom, where its stuck for some time W1.
Wrap:
Bears look to use current resistance to get some more red on the screen #W2.
Bulls look to get the Chikou Span into the Kumo or move up with it #W2.
