RE: Upward Trend9 Oct 2016 21:08
AjD......The TKX is a bullish indicator, when the thin red line (Tenkan) turns upwards and crosses over the brown line (Kijun).
The Kumo cloud is always either blue or green. Normally a green cloud offers a stronger support, so in your example, the shareprices has pushed through a strong thin green cloud and is now above a weaker blue cloud. So the retrace supports would be the top the blue cloud and the bottom of the cloud. The trend is off, when she falls through the cloud. Keep an eye on the rsi, after pushing through the cloud and breaking out, it will sooner or later fall back on the cloud top of in it during a short term trend.The rsi set on 7 will give a good warning.
It looks fine to me.