Thanks Procap. I am by no means done with Itchimoku. I'm sure Japanese traders have been using it to trade on the Nikkei for many decades.
I tried to find the Chikou span line on the charts you've kindly provided but wasn't sure which it was. Is that the green line at the back that hasn't caught up with the price action and is quite vertical on the chart where it ends?
If when that hits the Kumo, it indicates resistance (I assume that means overhead resistance?) It hasn't indicated resistance for a quite a while, am I right?
I use investing.com too for my Elliot Waves. All of the drawing tools for pitchforks and Wave I and II of the 8-wave Elliot Waves that I fit to charts are there. Very handy!
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Thanks Procap. I am by no means done with Itchimoku. I'm sure...
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