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Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Bulls stay above the Kijun Sen (red) and deliberate the next move.
Chikou Span (white) continues to climb, stays above the Price line (see extreme left) .
Resistance (blue) line marked matches with a Higher High.
Wrap;
Bulls deliberate next move after the Bullish Kijun Sen and Chikou Span Crosses.
Looking Forward into this Week:
Bears want to prevent the Tenkan Sen making a Bullish Cross with the Kijun Sen next.
Chikou Span - needs to stay above the Price line to keep the Bull move alive.
Life above the September 2016 high (marked) is the Bull ask.
Wrap:
Bulls look to make a deliberate move to the previous High.
Bears seek to prevent a Higher High and get Index back below Weekly Support.
