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Introduction / Primer to Ichimoku can be read at this link (click).
Index consolidates last week - Dragon Fly Doji Candle.
Index is at a Higher High and above all indicators.
Chikou Span (White) steady at High (extreme left).
Wrap:
Index holds on to its Highs.
Looking Forward into this Week:
Bears see hope for some red and a retest of Supports.
Bulls maintain Higher High - Higher Low in style.
Senkou Span A&B maintain their distance.
Wrap:
Bulls look to get to the next resistance and maintain higher lows.
Hopeful Bears look to the Dragon Fly Doji, for life below the Tenkan Sen (Center).
