- Ichimoku setup is textbok neutral: Everything (price, Tenkan, Kijun and Chikou) located in the Kumo cloud. Averages are flat, not pointing in any directions. Chikou is at past candles.
Serious strategic trendfollowers have to wait for a clear breakout.
- Heikin-Ashi is swing bearish in the cloud, but not strategic bearish until haDelta and haOscillator are above their center lines, and price is above Kijun Sen. (red line - 26 days avg)
- EWO is a question, so is MACD. The both show lack of trend and momentum.
Key levels to watch:
Bullish - only above 102
Bearish - below 100,50-100,80. Confirmed bearish Kumo breakout below 100.
Serious strategic trendfollowers have to wait for a clear breakout.
- Heikin-Ashi is swing bearish in the cloud, but not strategic bearish until haDelta and haOscillator are above their center lines, and price is above Kijun Sen. (red line - 26 days avg)
- EWO is a question, so is MACD. The both show lack of trend and momentum.
Key levels to watch:
Bullish - only above 102
Bearish - below 100,50-100,80. Confirmed bearish Kumo breakout below 100.
