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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)
Index stays below the Range (centre) between the Tenkan Sen (Blue) and Kijun Sen (red).
Senkou Span A & B stop converging (right).
Chikou Span, near the Price Line (left).
Index again closes just below the Kijun Sen.
Looking Forward into this Week:
Bulls again seek to keep the Chikou Span (Left) above the Price Line and are good to trigger a 'Three inside up' candle pattern.
Senkou Span A&B converging (Right) is Bear Hope.
A deflection or cross of the Tenkan Sen and Kijun Sen (Centre) - gives direction next.
Bears seek to keep the index below the Kijun Sen and trigger a Bearish Tenkan Sen (blue) - Kijun Sen (red) Cross.
Bulls want to trigger a Three Inside up and make this a Higher low by keeping the action above 4980.