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Introduction / Primer to Ichimoku can be read at this link (click).
Bulls bounce off the Tenkan Sen last week, and now have an option of making this a higher low.
Index has made a Higher High and above all indicators.
Chikou Span (White) dips towards Price line (extreme left).
Wrap:
Index after the Evening Star, takes support at the Tenkan Sen(Blue Line).
Looking Forward into this Week:
Bears see hope for more red and a dive to the Kijun Sen.
Bulls maintain Higher High - Higher Low.
Senkou Span A&B way apart.
Wrap:
Hopeful Bears look to the Evening Doji Star, for life below the Tenkan Sen (Center).
Bulls look to keep above the Tenkan Sen and maintain higher lows.
