The weekly chart had made a higher high this week. The MACD histogram formed the 14th bar above zero. Weekly ending at 29032. The market rebounding from the low!

MA9 and MA16 lines crossing upwards and confirmed on 7th February 2020, since this is a Friday. TKM v1.2 will need to place a Long entry on Monday open price. Please be noted, the Weekly Trend although MACDH still stays above zero we are not out of the wood, the world indices are high and the virus outbreak are not cure. We will trade the signal but be very cautious about the profit target and cut loss point.

“Estimated” Order status: Monday open price, CutLoss 28500, First profit target 29300.