SPDR S&P 500 ETF TRUSTEducation
Tenkan-Sen (Conversion Line)
Updated
The Tenkan-Sen is 9 period mid-point of high and low price.
Next Indicator is the Kijun-Sen (Base Line)
- Highlights short-term price direction via its slope
- Tenkan-Sen is its own line/indicator but used to calculate leading span A
- Cross over the Kijun-Sen (Base Line) as a buy/sell signal
- Use cloud crossover to confirm trend
Next Indicator is the Kijun-Sen (Base Line)
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