CAC 40 (Europe Paris) - Ichimoku Weekly Study - Higher Low? - Week 1 of September 2017.

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

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

Index stays below the Tenkan Sen (Blue) last week, dives towards our mark 4980 and closes keeping a higher low.
Tenkan Sen (Blue) and Kijun Sen (red line) cross bearishly.
Chikou Span, near the Price Line (left).

Wrap:
Index again closes below the blue line - Tenkan Sen. 
 



Looking Forward into this Week:

Bears look forward to some down move after making a near Hammer Candle last week.
Senkou Span A&B converging (Right) is Bear Hope.
A bearish cross of the Tenkan Sen and Kijun Sen (Centre) - gives Bears Hope.

Wrap:
Bears seek to keep the index below the Tenkan Sen (blue).
Bulls after preventing a Higher low by keeping the action above 4980, look to strike higher.