*DJIA* Week 14 – 2019

Weekly chart bullish. The 9th MACD histogram formed ABOVE zero. Weekly ending at 26381.5. The resistance of 26500 is tested. Market will be attempting to run higher next week.

 





The MA9 crossed up MA16. Althought we were looking for a short entry BUT the MA lines crossed upwards, we must follow our rules.

TKM v1.1 had triggered a Long at the open price of 2nd April 2019 which is 26235, CutLoss at 26000, Profit Taking 26500.

Althought the market had touches 26500 briefly but TKM v1.1 has not take profit because we wanted to let the profit run. So, a trailing stop is set at 26235.

Order status: Long 26235, Trailing Stop 26235.

 

DJIA Weekly Chart – Week 14 – 2019

 

DJIA Daily Chart – Week 14 -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Your email address will not be published.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.