Chart, page-153

Hi Folks

Just before we take a look at the weekly ichi chart I thought I would post the daily again so we can compare it with the one posted on Wednesday. Gotta thank Skizo for his post today though as it did wonders for the charts

So looking at today's daily ichi chart we can now see how the last couple of candles played out - a reminder what we were looking for was:

1. the Chikou Span (green lagging line) to turn upwards and stay above the SP in bullish territory - Tick
2. the SP to bounce off the .014 BO support and rise back above the Kujin Sen (Kijun Sen Cross) - Tick
3. the SP to rise back above the Tenkan Sen - Tick

..... and all on good volume

Note the Doji at the bottom of the downward channel indicating a reversal of the current ST momentum followed by a decent bullish candle that broke out above the downward trendline (a nice confirmation of change in direction) - also higher high higher low.

Give me a minute and I'll post the weekly.

Cheers
SL