Weekly trend remain UP. MACDH continue to ascend upwards. Weekly ending at 1833.

Since trend is UP, MA 9 and MA16 still have quite some distance to encounter. Aggressive trader may be can Long on weakness at first support 1820. But TKM v1 will not trade this.

Indeed, this week, for aggressive traders to long on weakness 1820, there are 2 entry which give at least 10 points each trade. Again, I must stress again, TKM v1 will not trade this, we are looking for Fresh signal to establish trade.

Perhaps, we will discuss this topic , Long on pullback / Short on rebound, when we design TKM v2. But that will be later story…