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.
