The weekly trend is a pullback from high. MACD histogram forms the 19th bar above zero. Weekly closed at 2912. This week form a long tail candle, the market may be tired… but not yet confirm.

This week, the market trading lower but the week closed higher of the week, a new daily low made during this week. Bears are attempting to regain control. Be watchful on the MA lines crossing!

TKM v1.1 will continue to monitor for a fresh signal.