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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 uses the Senoku Span B as Support and stays above it all week.
Weekly resistance Line (Tenkan Sen on the Week Chart) was the area of resistance.
Chikou Span, after its Bearish Cross (Neutral Signal, as it happened when the Price was in the Kumo) is still below the Price line.
Wrap:
Chikou Span remains below the Price line, Index takes support on the Kumo.
Looking Forward into this Week:
Bulls now need to stay above the Kumo and take out the weekly resistance.
Bears want to keep the Chikou Span below the Price line (see extreme left).
Tenkan Sen (Weekly Resistance line) is now resistance to beat, for the Bulls (Center).
Wrap:
Bears using the Price line as resistance look to keep the Chikou Span down.
Bulls want to stay above the Kumo.
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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 bounces back from Support to close exactly at the Senoku Span B.
Monthly Support Line (Tenkan Sen on the Month Chart) was the point of bounce.
Chikou Span, after its Bearish Cross (Neutral Signal, as it happened when the Price was in the Kumo) is still below the Price line.
Wrap:
Chikou Span remains below the Price line, Monthly Support Line sends up Index.
Looking Forward into this Week:
Bulls now need to get above the Kumo.
Bears want to keep the index in the Kumo, and head to the Weekly Support Line (Senoku Span A).
Tenkan Sen (Weekly Resistance line) is now resistance to beat, for the Bulls.
Wrap:
Bears using the Kumo top resistance look to fall to Kumo Bottom. Bulls want to stay greened up, above Month Support.
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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 continues to move down, after resistances seen in previous weeks.
Previous low breaks
Monthly Support (Kijun Sen on the Month Chart) stops the fall.
Chikou Span breaks below the Price line.
Wrap:
Chikou Span falls below the Price line, Monthly Support stops Index fall.
Looking Forward into this Week:
Bulls now need to use the Month Support line to take off, above the Kumo.
Bears want to keep the index in the Kumo, and to the Weekly Support (Senoku Span A).
Tenkan Sen is now resistance to beat, for the Bulls.
Wrap:
Bears look to continue this fall to Kumo Bottom. Bulls need to green up, above Month Support.
View this chart on-line at... http://invst.ly/2pcvz
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Index continues to move down, after resistances seen in previous weeks.
Previous low and also the Monthly Support (Kijun Sen on the Month Chart) provides exact support.
Chikou Span touches the Price line.
Wrap:
Index stopped by the Chikou Span resistance at the Kumo, falls to the recent low and Monthly Support.
Looking Forward into this Week:
Bulls can even now, look to make this close a higher low, so as to maintain the current trend.
Bears want to keep the index in the Kumo, and at the Weekly Support (Senoku Span A).
Kijun Sen (inside the Kumo) is now resistance to beat, for the Bulls.
Chikou Span touch of the Price line - Bearish Cross or Bullish Deflection next.
Wrap:
Bears look to continue this fall to Kumo Bottom.
Bulls need to use this Support as a higher low and continue the current trend.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Index moves down after facing resistances seen in previous weeks - Tenkan Sen provides exact support #W2.
Chikou Span turns down facing resistance at the Kumo bottom #W1.
Bears defend the recent highs #W2.
Wrap:
Index is stopped by the Chikou Span resistance at the Kumo #W1. Tenkan Sen gives precise support #W1.
Looking Forward into this Week:
Bulls look to make this fall a higher low, so as to maintain the current trend #W2.
Bears want the index below the Tenkan Sen and back in the Kumo #W2.
Kijun Sen (inside the Kumo) is last line of defense for Bulls W2.
Wrap:
Bears look to use fall to get below the Kijun Sen #W2.
Bulls look to make a higher low and keep the up move intact #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Index ranges within previous week's Open and Close making a Doji in the process #W2.
Chikou Span stuck at the Kumo bottom - which itself is moving up next week #W1,
Bears defend the recent highs #W2.
Wrap:
Index stays inside previous week's candle, Chikou Span again halts at the Kumo #W1.
Looking Forward into this Week:
Bulls now want Higher Highs and Higher Lows #W2.
Bears want the index below the Tenkan Sen #W2.
Chikou Span can now slide up along the Kumo bottom, where its stuck for some time W1.
Wrap:
Bears look to use current resistance to get some more red on the screen #W2.
Bulls look to get the Chikou Span into the Kumo or move up with it #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Index clears June high after popping above the Kumo #W2.
Chikou Span halts at the Price line, Tenkan Sen clears Kumo top #W1,
Bears give up the June high #W2.
Wrap:
Index clears June high, Chikou Span halts at the Kumo #W1.
Looking Forward into this Week:
Bulls now want Higher Highs and Higher Lows #W2.
Bears want the index below the Tenkan Sen #W2.
Chikou Span nudging the price line - bearish cross or bullish deflection, on next #W1.
Wrap:
Bears look to use current resistance to get some red on the screen #W2.
Bulls want to keep clear of the Kumo and get the Chikou Span into the Kumo #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Index matches June high after popping above the Kumo #W2.
Chikou Span halts at the Price line, Tenkan Sen at Kumo top #W1,
Bears defend the June high #W2.
Wrap:
Index above the Kumo, draws level with the June high #W2.
Looking Forward into this Week:
Bulls want keep the index above the Kumo and then clear the June high #W2.
Bears want the index below the Tenkan Sen #W2.
Chikou Span nears the price line - bearish cross or bullish deflection on next #W1.
Wrap:
Bears look to use current resistances to get some red on the screen #W2.
Bulls want to keep it clear of the Kumo and get index above the June high #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Index pops out of the Kumo #W2.
Chikou Span heads towards Price line #W1,
Bears defend the previous high #W2.
Wrap:
Index above the Kumo, previous high is the next target #W2.
Looking Forward into this Week:
Bulls want keep the index above the Kumo and then clear the last high #W2.
Bears want life above the Kumo #W2.
Chikou Span nears the price line - bearish cross or bullish deflection on next #W1.
Wrap:
Bears look to keep ranging in and out of the Kumo #W2.
Bulls want to keep it clear of the Kumo and get index above the previous high #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Index once again attempts to get out of the Kumo (unsuccessfully) #W2.
Chikou Span ranges, between Price line and the Kumo #W1,
Bears make a Doji and close below the Tenkan Sen to keep the edge #W2.
Wrap:
Kumo gravity holds back the Bulls, keeps to support at Kijun Sen #W2.
Looking Forward into this Week:
Bulls want the index above the Kumo and then above the last high #W2.
Bears push to go lower, down Kumo #W2.
Chikou Span nears the Price line - bearish cross or bullish deflection on next #W1.
Wrap:
Bears after the Doji, aim to get below the last low, going down the Kumo #W2.
Bulls want to keep it above the Kijun Sen, then go up to clear the Kumo #W2.
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Index again attempts to get out of the Kumo (unsuccessfully) #W2.
Chikou Span ranges, points to Price line - under the Kumo resistance #W1,
Bears manage to close below the Tenkan Sen and get an edge #W2.
Wrap:
Kumo gravity holds back the Bulls, falls to support at Kijun Sen #W2.
Looking Forward into this Week:
Bulls want the index above the Kumo and then above the last high #W2.
Bears push to go lower, down Kumo #W2.
Chikou Span nears the Price line - bearish cross or bullish deflection on #W1.
Wrap:
Bears aim to get below the last low, going down the Kumo #W2.
Bulls want to hold above the Kijun Sen and clear the Kumo #W2.
