*DJIA* Week 40 – 2019

The weekly chart is showing a strong rebound within a bearish candle. The MACD histogram formed a small bar below zero. Weekly ending at 26523.5. The market is looking to fight back…

 





MA9 crossed upward to MA16. TKM v1.1 triggered a Long entry on 5th September 2019, open price, 26372. Trailing stop hit at 26500 on 2nd October 2019. Bagged us 128 points profit.

By right, the same day, we should open a short entry because MA9 cross downwards to MA16. But due to the order, it was just closed and we are not prepared for this trade. Hence, TKM v1.1 did not trade this signal.

We will continue to monitor for a new signal.

Order Status: 5th Sep 2019, Long 26372. Took profit 26500. Bagged 128 points profit.

 

DJIA Weekly Chart – Week 40 – 2019

 

DJIA Daily Chart – Week 40 -2019

 




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