The Dow Jones - Ichimoku Study - Week: 07 January to 11 January, 2013 - Bulls inch Higher..

                             .....Regulars can skip below and go straight to the chart......

Introduction can be read at this link (click). 

Quick Reference : 

Chikou Span - pink line,

Kijun Sen - blue line, 

Senkou Span A - black line, 

Senkou Span B - grey line, 

Kumo - grey shaded area,

Tenkan Sen - red line.

Previous Signals seen on DJI 30 - Week Chart (EOW) marked on chart as per notes below

The Kumo Breakout: Strong Bullish  Signal (B)

The Flat Kumo: Bearish Signal (Ko)

The Chikou Span Cross:  Strong Bullish Signal (cC)  

Tenkan Sen Cross:  Strong Bullish Signal (Te)  
The Tenkan Sen/Kijun Sen Cross:  Weak Bearish  Signal (T)

New:
The Kijun sen cross:  Strong Bullish Signal (K) 

Dow 30 - End of  Week Chart (EOW) - Analyzing 12 months Data - as on 11 Jan '13

Learning from the Past Week: (click here for the post)

The Senkou Spans A & B diverge away from each other #2.

The Oscillator ticks up.

Bulls hold the Highs #1.

Bulls inch closer to last year's high..

Looking Forward into the next Week:

A Senkou Span Cross #2 - if it happens from this position - is still bad news for the Bulls.

Bulls now would look at a Bullish Tenkan Sen / Kijun Sen Cross #1.

Bears need the index back below the cluster of supports MVWAP 34, Kijun Sen and Tenkan Sen #1.

A serious Bearish Divergence is developing on the Oscillator.

Bullish 'Kijun Sen/Tenkan Sen' Cross gets closer..