Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the earlier Study: (click here for the post)
Index runs the range between the Kijun Sen and the Tenkan Sen #W1.
Gap between the Tenkan Sen and Kijun Sen dips #W2.
Senoku Span A & B, gap also dips #W3.
Chikou Span stays below the Price line #W1.
Wrap: Index takes support at the Kijun Sen. Chikou span within touching distance and below the Price line #W1.
Looking Forward into this Week:
Cross of Tenkan Sen, to below the Kijun Sen, is next on Bear wishlist #W2.
Chikou Span slips below the Price line, however, Bears would have to make a steep dive now to keep it that way (see the candles after the Slip) #W1.
Wrap: Bulls look to stay above the Kijun Sen and aim for the All Time High, Bears want to work at keeping the Bearish Cross of the Chikou Span and the Price line and hit the Kumo #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the earlier Study: (click here for the post)
Index bounces off from support at the Kijun Sen but gets sent back at the Tenkan Sen once more #W1.
Gap between the Tenkan Sen and Kijun Sen steady #W2.
Senoku Span A & B, gap increases #W3.
Chikou Span slips below the Price line #W1.
Wrap: Index takes support at the Kijun Sen, Chikou span slips below the Price line #W1.
Looking Forward into this Week:
Cross of Tenkan Sen, to below the Kijun Sen, is next on Bear wishlist #W2.
Chikou Span slips below the Price line, however, Bears would have to make a steep dive now to keep it that way (3 red candles after the Slip) #W1.
Wrap: Bulls look to stay above the Kijun Sen and aim for the All Time High, Bears want to work at keeping the Bearish Cross of the Chikou Span and the Price line #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the earlier Study: (click here for the post)
Index bounces off from support at the Kijun Sen but gets sent back at the Tenkan Sen yet again #W2.
Gap between the Tenkan Sen and Kijun Sen steady #W2.
Senoku Span A & B, gap increases #W3.
Chikou Span deflects off the Price line #W1.
Wrap: Index takes support at the Kijun Sen, Chikou span stays deflected off the Price line #W1.
Looking Forward into this Week:
Bears seek for the next opportunity to dive into the Kumo #W2.
Cross of Tenkan Sen, to below the Kijun Sen, is next on Bear wishlist #W2.
Chikou Span is on a Bullish deflection, off the Price line, Bulls need to reach higher with the index this week, to keep this going #W1.
Wrap: Bulls look to stay above the Kijun Sen and aim for the All Time High, Bears seek a Bearish Cross of the Chikou Span and the Price line #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the earlier Study: (click here for the post)
Index bounces off from support at the Kijun Sen but gets sent back at the Tenkan Sen again #W2.
Gap between the Tenkan Sen and Kijun Sen moves up #W2.
Senoku Span A & B, gap increases #W3.
Chikou Span above the Price line #W1.
Wrap: Index takes support at the Kijun Sen, Chikou span deflects off the Price line #W1.
Looking Forward into this Week:
Bears for the next opportunity to dive into the Kumo #W2.
Cross of Tenkan Sen, to below the Kijun Sen, is next on Bear wishlist #W2.
Chikou Span makes a Bullish deflection off the Price line, Bulls need to pull up the index to keep the advantage #W1.
Wrap: Bulls look to stay above the Kijun Sen, Bears look for a Bearish Cross of the Chikou Span and the Price line #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the earlier Study: (click here for the post)
Index falls below the Tenkan Sen Support #W2.
Gap between the Tenkan Sen and Kijun Sen steady #W2.
Senoku Span A & B, gap steady #W3.
Chikou Span at the Price line #W1.
Wrap: Index takes support at the Kijun Sen, Chikou span runs into the Price line #W1.
Looking Forward into this Week:
Bears eye the dwindling Thin Kumo #W2 (Study Links here, here or elsewhere) for an opportunity to dive into the Kumo.
Cross of Tenkan Sen, to below the Kijun Sen, is next on Bear wishlist #W2.
Chikou Span is now touching the Price line - set for a Bullish deflection or Bearish Cross at the Price line #W1.
Wrap: Bulls look to stay above the Kijun Sen, Bears look for a Bearish Cross of the Chikou Span and the Price line #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the earlier Study: (click here for the post)
After the Index made a red ATH, it fell to the Tenkan Sen Support last week #W2.
Gap between the Tenkan Sen and Kijun Sen steady #W2.
Senoku Span A & B, gap steady #W3.
Chikou Span at the Price line #W1.
Wrap: Index takes support at the Tenkan Sen, Chikou span reaches the Price line #W1.
Looking Forward into this Week:
Bears eye the dwindling Thin Kumo #W2 (Study Links here, here or elsewhere) for an opportunity to dive into the Kumo.
Cross of Tenkan Sen, to below the Kijun Sen, is next on Bear wishlist #W2.
Chikou Span set for a Bullish deflection or Bearish Cross at the Price line #W1.
Wrap: Bulls look to stay above the Tenkan Sen, Bears look for a Bearish Cross of the Chikou Span and the Price line #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the earlier Study: (click here for the post)
After the Index found support at the Kijun Sen previously,it makes a new ATH last week #W2.
Gap between the Tenkan Sen and Kijun Sen steady #W2.
Senoku Span A & B, gap steady #W3.
Wrap: Index makes a new All Time High (ATH), Bears manage a red week despite the ATH.
Looking Forward into this Week:
Bears eye the dwindling Thin Kumo #W2 (Study Links here, here or elsewhere) for an opportunity to dive into the Kumo.
Cross of Tenkan Sen, to below the Kijun Sen, is next on Bear wishlist #W2.
Chikou Span at current altitude, can meet up with the price line in a couple of months #W1.
Wrap: Bulls look to make new ATHs, Bears eye the Thin Kumo to help bring the Index down #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the earlier Study: (click here for the post)
After the Index found support at the Kijun Sen previously, it takes off from the Tenkan Sen last week #W2.
Gap between the Tenkan Sen and Kijun Sen widens #W2 - advantage Bulls.
Senoku Span A & B, gap steady #W3.
Wrap: Index shoots above the Tenkan Sen, Bears hold it at the ATH.
Looking Forward into this Week:
Bears eye the Thin Kumo #W2 (Study Links here, here or elsewhere) for an opportunity to break into the Kumo.
Cross of Tenkan Sen, to below the Kijun Sen, is next on Bear wishlist #W2.
Chikou Span at current altitude, can meet up with the price line in a couple of months #W1.
Wrap: Bulls look to make new ATHs, Bears eye the Thin Kumo to help bring the Index down #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the earlier Study: (click here for the post)
Index finds support at the Kijun Sen and stays above the Tenkan Sen #W2.
Gap between the Tenkan Sen and Kijun Sen narrows further #W2 - one for the Bears.
Senoku Span A & B, gap narrow some more #W3 - one for the Bulls.
Wrap: Index above the Tenkan Sen, Thin Kumo holds the index below the ATH #W2.
Looking Forward into this Week:
Bears eye the Thin Kumo #W2 (Study Links here, here or elsewhere) for an opportunity to break into the Kumo.
Cross of Tenkan Sen, to below the Kijun Sen, is next on Bear wishlist, even as their gap closes #W2.
Chikou Span at current altitude, can meet up with the price line in a couple of weeks #W1.
Wrap: Bulls look to make new ATHs, Bears eye the Thin Kumo to help bring the Index down #W2.
