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Introduction / Primer to Ichimoku can be read at this link (click).
Learning from last Week: (click here for the previous post)
Index again makes a Doji (read indecision) above the 200% Fibonacci retrace of the July 2015 High to the February 2016 Low (Last major Hi-Lo).
Bulls kept it well above the Tenkan Sen (Support) last week.
Bulls again ponder the next move, staying above the 200% Fibonacci, of the last Major Hi-Lo.
Looking forward into this Week:
Bulls now seek to reach the 213% Fibonacci retrace of the Last major Hi-Lo.
Bears hope to get below the Tenksn Sen (Blue Line)
Bulls look to make new ATHs, staying above current support at the 200% Fibo retrace.
Bears seek to take the index below the Tenkan Sen using the current indecision.