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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 makes another, even longer Doji and comes close to the target $67.
Senkou Span A and B, rise (right extreme). Chikou Span way above the Price line (left).
Tenkan Sen and Kijun Sen, up (center).
Wrap:
Index nudges up - weekly candle is still a Doji.
Looking Forward into this Week:
All Signals favor Bulls, the last Doji saw most signals spike up.
Bears having forced so many Dojis, would hope for a dip to the Kumo.
Heading to the 162% Fibonacci ($67) with the current momentum would be the Bull way.
Heading to the 162% Fibonacci ($67) with the current momentum would be the Bull way.
Wrap:
Bears hope for life below the Tenkan Sen (Blue line).
Bulls seek a close above $67.