Update 12-Mar-2018: TKM v1 has NOT enter the short due to this morning Open gap up, the price had changed the MA9 to cross up above MA16. This is not the trade signal we have in last Friday. Although it is a cross up, supposed to Long. BUT due to conflicting signal, we will wait for tomorrow. Do check the open price and MA lines, if the MA lines continue to go higher, we will enter Long.
Weekly trend show weakness in bullish trend. MACDH resume to form rounding top. Weekly ending at 1842 . It try to break back up to 1860 resistance level but failed to stay above.
Compare to last week, this week market is down heavily during the early week but manage to recover slightly. MA9 is crossing down to MA16, on next trading day (Monday) TKM v1 will Short the open price. Tentative TP is 1820, CL is 1860. Entry will be updated once matched.
