Weekly chart is a retracement within an uptrend. The 5th MACD histogram formed ABOVE zero. Weekly ending at 27081. Market is still bullish!

The MA9 crossed up MA16 on 11th June 2019. It triggered Long entry at the open price, 26100, the index has not hit our CutLoss point 25600 and it run higher. Our entry still holding and waiting for result. We had lower our trailing stop level to 26900 to stay slightly below the MA16. Previous experience showed that the retracement might hit both MA lines before it resume the uptrend. Let’s see can we hold this longer.

Order Status: Long 26100 (11th June 2019), CutLoss 25600, Trailing stop 26900.