|Dow 30 - End of Week Chart (EOW) - Analyzing 12 Month's Data - as on 02 Aug'13|
Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Past Week: (click here for previous post)
Bulls move Higher and post a new high #2..
Chikou Span also touches another High #1.
Gap between the Tenkan Sen and Kijun Sen is steady #3.
Bulls make another new 'All Time High' after getting back above the Tenkan Sen ...
Looking Forward into the next Week:
Bears need to get index below Tenkan Sen, to get back some advantage #2.
Narrow Gap between the Tenkan Sen and Kijun Sen a concern for Bulls #3.
Chikou Span's moves towards Price line important - to be watched #1.
Bears eye life below the Tenkan Sen #2 .... Bulls seek more New Highs.