Europe - CAC 40 - Ichimoku Study - Kumo Crash - Week 5 of September 2015.

Introduction / Primer to Ichimoku can be read at this link (click). 

Learning from the Earlier Study: (click here for the previous post)

After the Bears closed the week inside the Kumo, Index crashes below it and recovers to close inside the Kumo again #W2.

Chikou Span finds support around the Kijun Sen - helping the Bulls come back #W1.

Gap between the Senkou Span A & B, steady #W3.

Gap between the Tenkan Sen and Kijun Sen narrow, but steady #W3.

Wrap: 

Bears crash the index way below the Kumo, Bulls hold the Chikou Span at the Kijun Sen and make a come back #W2.

Looking Forward into this Week:

Chikou Span is crossed  below the Price line (Its called a 'Weak Bearish cross because it occurred when the index was Bullish i,e above the Kumo) and is finding support at the Kijun Sen #W1.

Index getting out of the Kumo with a Bullish Breakout, is the next Bull hope #W2.

The narrow gap between the Tenkan Sen and the Kijun Sen, good for Bulls, as a re-cross is easier #W2.

Wrap:

Bears on top, with the index floating into the Kumo #W2. 
Bulls after their comeback, need to get above of it.