SENKOU SPAN B

Senkou Span B is a component of the Ichimoku Kinko Hyo indicator. Senkou Span B is used for the measurement of the momentum and future areas of support and resistance in the indicator. Senkou Span B is plotted next to Senkou Span A where the area between the two lines are shaded and referred to as clouds. The clouds are the shaded part where the traders are able to forecast future support and resistance. Senkou Span B is considered as the slowest moving component of the indicator due to the fact that it is made using the biggest number of time periods in its computation that spans up to 52 time periods.