Introduction / Primer to Ichimoku can be read at this link (click).
Learning from the Earlier Study: (click here for the previous post)
Chikou Span's bearish cross below the Index - produces a long red candle #W1.
Bulls fight to close above the Jan'15 low, after all signals go red - manage to hold the lows.
Gap between the Senkou Span A & B wide and steady #W3.
Tenkan Sen and the Kijun Sen, stay crossed bearishly #W2.
Bulls find all Signals against them, manage to hold around the last major low last week.
Bears yet to enforce a significantly lower low, after all signals turn in their favour #W2.
Looking Forward into this Week:
Chikou Span can slide just below the Index, along the price line keeping the Bearish cross and pressure on any up-move #W1.
Index closing below the 'Kijun Sen', works well for the Bears (its called a 'strong bearish signal' as it occurred when the index was Bearish i,e below the Kumo) #W2.
Gap between the Senkou Span A & B is wide, making a thick Kumo - and a strong future resistance for Bulls #W3.
Tenkan Sen and the Kijun Sen make a Bearish cross - Bulls yearn for a Bullish re-cross next #W2.
Defending the recent lows of the Index, with a green week, is what the Bulls would focus on, this week.
Dominant Bears seek significantly lower lows.