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mgreenfield

DJI- Ichimoku conditions on 4 hour are almost ideally bearish

Short
Dow Jones Industrial Average Index (DJ:DJI)  
mgreenfield Updated   
DJ:DJI   Dow Jones Industrial Average Index
Trend Analysis
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trendanalysis
a. the price is below the Kumo, Tenkan-Sen and Kijun-Sen 

b. the Tenkan-Sen has crossed down Kijun-Sen, below the Kumo
c. the Chikou Span is below both Kumo, Tenkan-Sen, Kijun-Sen and price

The only other condition that is not met yet is a thick Kumo cloud. It has twisted bearish however.
Comment:
Broke upwards through Tenkan. Will sell my short if it breaks through Kijun. The last 4 hour candle signifies indecision so we could possibly see bearish action tomorrow.
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