TNA bounces off the Red Line below the cloud. The Blue Turning Line is below the Red Standard Line. This is Bearish for the Market.
Tenkan-sen (Turning Line): (9-period high + 9-period low)/2: On a daily chart, this line is the mid point of the 9 day high-low range, which is almost two weeks.
Kijun-sen (Standard Line): (26-period high + 26-period low)/2: On a daily chart, this line is the mid point of the 26 day high-low range, which is almost one month.
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