The weekly trend showing retrace from high. MACDH form 3rd bar above zero. Weekly ending at 1598. The market creates a new low later of the week. It is an indecisive sign which bears has the control.
MA9 and MA16 continue to move closer to each other. TKM v1.1 has not identified any signal.
TKM v1.1 will continue to monitor the market.