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Introduction / Primer to Ichimoku can be read at this link (click).
Index goes red after the Dragon Fly Doji Candle - which now looks like an an Evening Star.
Index is at a Higher High and above all indicators.
Chikou Span (White) dips towards Price line (extreme left).
Wrap:
Index dips from highs after the Doji - now the pattern resembles an Evening Star.
Looking Forward into this Week:
Bears see hope for some red and a retest of Supports.
Bulls maintain Higher High - Higher Low.
Senkou Span A&B maintain their distance.
Wrap:
Bulls look to bounce off the Tenkan Sen and maintain higher lows.
Hopeful Bears look to the Evening Doji Star, for life below the Tenkan Sen (Center).
