Weekly chart showing bearish. The 2nd MACD histogram formed BELOW zero. Weekly ending at 24806.5. Market is bearish.

The MA9 and MA16 continue to move downwards together. We’ve traded this entry 2 weeks ago and we will not re-establish the short position. The bearish trend has not negate in any way, TKM v1.1 still looking for entry.

We continue to monitor for fresh entry with the crosses of MA lines.