Weekly trend is rebound. MACDH form 1st bar ABOVE zero. Weekly ending at 1690.5. It closed above 1680 resistance. It looks like CNY rally is coming!
This week market was supported well by buyers. It does show strong buying support throughout the week on bargain hunting. Like mentioned previous week, TKM v1.1 will not trade this Long entry.
TKM v1.1 will continue to look for fresh entry!