The weekly trend open low and close higher! MACDH form 8th bar above zero. Weekly ending at 1548. The bull has regained the control.

Like we spoken last week. TKM v1.2 had monitored the market and Short signal was found on 29th June 2020. Hence TKM v.12 has placed the Short entry on FKLI JUL2020 contract @ 1500, the open price of the daily candle. Within the same week, the market was bullish and hit our CutLoss point at 1520, TKM v1.2 had CutLoss for 2 lots with a total of 40points losses on 2nd July 2020. The result page will be updated.

Aggressive trade can try to long the FKLI on its pull back. But we will continue to monitor for the fresh signal by following TKM system which is MA lines crossing.