*DJIA* Week 20 – 2019

Weekly chart showing bearish. The 15th MACD histogram formed ABOVE zero. Weekly ending at 25770. The support of 26000 is tested and broken. Market has tiredness sign.

 





The MA9 crossed down MA16 during 7th May 2019.  TKM v1.1 had triggered a Short entry during 7th May 2019 at open price, 26220. This entry is still valid while the trailing stop has moved into 25600 during 13th May 2019, and it got liquidated during 14th May 2019. Hence, this hence bring the total profit of 620 points!

Entry: Short 26220, Took Profit 25600. Profited 620 points.

 

DJIA Weekly Chart – Week 20 – 2019

 

DJIA Daily Chart – Week 20 -2019



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