*DJIA* Week 08 – 2019
Weekly chart is a confirmed uptrend. The 3rd MACD histogram formed ABOVE zero. Weekly ending at 26040. The psychological resistance of 26000 is tested and broken. Bullish bias remains! …
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Weekly chart is a confirmed uptrend. The 3rd MACD histogram formed ABOVE zero. Weekly ending at 26040. The psychological resistance of 26000 is tested and broken. Bullish bias remains! …
Weekly trend turn to sideway (down bias). MACDH continue to form the 10th bar(shorter) above zero. Weekly trend is starting to show weakness, MA 9 is touching MA 16.…
Weekly trend is rebound. MACDH form 6th bar ABOVE zero. Weekly ending at 1721.5. It closed above 1720 resistance. It looks like bull has waken up which it broke 2…
Weekly trend and price action has turned UPTREND. The 2nd MACD histogram formed ABOVE zero. Weekly ending at 25890. The psychological resistance of 26000 is ready to be tested. Bullish…
Weekly trend remain upside bias. MACDH continue to form the 9th bar above zero. Weekly trend is starting to show weakness, MA 9 attempted to move down to touch MA…
Weekly trend is rebound. MACDH form 5th bar ABOVE zero. Weekly ending at 1686.5. It closed below 1700 resistance. It looks like bull has no strength to push forward. …
TKM wishes all readers a Happy Chinese New Year! We will be taking a break for Week 06, hence, the analysis will resume on Week 07.
Weekly trend and price action is continuation rebound from low with MACDH a SHORTER bar below zero. Weekly ending at 25000.5. The psychological resistance of 25000 is tested. Bullish bias…