The weekly trend is bearish due to the Wuhan coronavirus. MACDH form 12th bar above zero. Weekly ending at 1535. The market is selling ahead of China’s fear.

MA9 and MA16 are crossed downwards on 14th January 2020, TKM v1.2 has triggered two Short entry at 15th January 2020 open price, 1581.5, Trailing Stop 1581.5. With the week closing lower, we will adjust the trailing stop to 1550 to protect profit. We may book profit in

1520 or 1500 if the market continues to be infected by the virus outbreak.

Order status: Short Jan2020 Feb2020 at 1581.5, Trailing Stop 1550. (We rolled the contract to February 2020, because of changing month)