Ichimoku - Std Param
Indecisive close with price finding support at Span A - 5400 for the closing day. Price below tenkensen / kijunsen / Span levels - indicating weak bearish outlook. Span A & B rising for the coming week indicates uptrending possibility. Upside Resistance at 5522 / 5542 / 5562. Support at 5411, 5400, 5280, 5180.
Ichimoku - Short Param
Price close above Tenken - weak bullish signal. Tenken, Kijun, Span all trending flat with cloud width broadening and stands at 130 points which is above 2 sigma levels, an indication of high volatility move either side. Upside resistance at 5522. Multiple supports below 5411.
TRADE WITH ALERTNESS
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