*DJIA* Week 04 – 2019

Weekly trend and price action is continuation rebound from low with MACDH a SHORTER bar below zero. Weekly ending at 24725.5. The resistance of 24500 is broken and 24500 resistance is tested and broken too. Bullish bias!

 





The MA9 is crossing above MA16 and TKM v1.1 confirm it during 11th January 2019. The market continue to trend higher since then. It hit our first profit target and our trailing stop on 22nd January 2019. Hence the order is liquidated at 24500.

Order status – 11th January 2019: Long 23933, Cut Loss 23600, Take Profit24500 @ 22nd January 2019. Resulting 567 points profit!

Based on market availability, TKM v1.1 will not trade this in any exchange. This signal is merely for educational purposes.

 

DJIA Weekly Chart – Week 04 – 2019

 

DJIA Daily Chart – Week 04 -2019



Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.