Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Bears halt the index at the Chikou Span #W1.
Tenkan Sen supports the falling index #W2.
Senoku Spans A and B flat #W1
Wrap:
Chikou Span turns back at the price line #W1, Index goes red last week #W2.
Looking Forward into this Week:
Chikou Span returning from the price line, great for Bears #W1.
Keeping the index above the Kijun Sen, important for Bulls #W2.
Bears hope the Throwback continues upto the Kijun Sen #W2.
Wrap:
Index heading to the Kumo #W2, and a Bullish Cross of the Chikou Span and Price line #W1, would the Bull ask.
Bears see the throw back of the index, reaching the Kijun Sen with the Chikou Span staying below the Price line #W2,
