Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Chikou Span stays above the Price line, and above the Tenkan Sen #W1.
Index resisted at the Kumo, red week #W2.
Senoku Spans A and B flatten #W3.
Wrap:
Index pauses below the Kumo #W2.
Looking Forward into this Week:
Bears hope the resistance at the Kumo, would produce a few red weeks #W2.
Holding the the Chikou Span below the Kijun Sen, important for Bears #W2.
The Senoku Span 'A' crossing above the 'B' is the next Bull ask #W3.
Wrap:
Defending the Kumo is the Bear target #W2.
Keeping the Chikou span above the price line and entering the Kumo is the Bull ask #W2.
