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Introduction / Primer to Ichimoku can be read at this link (click).
Index makes the Tenkan Sen a resistance with last week showing another massive Doji.
Chikou Span (White) flattens with inaction (extreme left).
Wrap:
Last week was a second Doji and index slipped under the Tenkan Sen.
Looking Forward into this Week:
Bears want to get the Chikou Span headed back towards the Kumo (extreme left).
Bulls having achieved a higher high (weekly close) now look to go bottom out near a strong support.
Bulls have the choice of the Tenkan Sen, Kijun Sen or Kumo for Support
Wrap:
Bulls in pause mode, still look good to take support and trend up.
Bears seek to keep index below the Tenkan Sen (Center - Weekly Support).
