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Introduction & Primer to Ichimoku can be read at this link > click.
PAST
Index, breaks out of Range and hurtles towards the 162% Fibonacci projection, off the Channel.
Distance between the blue line (Tenkan Sen) and red line (Kijun Sen), reduces.
NEXT
Bears seek to stop the Bull run before the next resistance Fibonacci 162% ($86.76) and then take a dive towards the Channel.
Bulls on a roll, seek to clear the coming resistance and go on to Fibonacci 200%
WRAP
Bears pray for red before $86.76 is reached.
Bulls after a textbook break out, seek $90+
