Introduction & Primer to Ichimoku can be read at this link > click.
PAST
Index after breaking out above the Kijun Sen (red line) struggles near the Fibonacci 327%-341%.
The 'Chikou Span' (left) stays above the Price line.
The 'Chikou Span' (left) stays above the Price line.
NEXT
Bulls, 'trend on' if they can stay above the blue 'Tenkan Sen' support.
Bears seek make a Double Top.
Bears seek make a Double Top.
WRAP
A Double Top is the current Bear Plan, staying below the Blue line, critical for the same.
Bulls seek to stay above the blue 'Tenkan Sen', and 'Trend on' to a new All Time High.