Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the post)
Index peeps out of the Kumo #W2.
Gap between the Senkou Span A & B narrows further #W3.
Gap between the Tenkan Sen and the Kijun Sen widens #W2.
Chikou Span resisted at the Price line #W1.
Tenkan Sen was the resistance for the Index last week #W2.
Wrap:
Index peeps our of the Kumo #W2, Chikou Span and Tenkan Sen touch the Price line #W1, #W2.
Bulls fight back to a deuce with a long green week #W2.
Looking Forward into this Week:
Chikou Span clearing the Price line and Price line clearing the Tenkan Sen are on the Bull wish list for the week #W1&W2.
Narrowing gap between the Senkou Span A & B, makes a bullish deflection or bearish cross, imminent #W3.
Bull hope rests on staying above the rather thick Kumo (Study Links here, here or elsewhere) #W2.
Wrap:
Bulls fight to stay above the Kumo, point the Chikou Span above the Price line and manage a deflection of the Senkou Span A & B #W1.
Bears look to slide back into the Kumo, retaining the Bearish Crosses #W2.
