*DJIA* Week 08 – 2020

The weekly candle is bearish. The MACD histogram formed the 16th bar above zero. Weekly ending at 28984. The market may continue to move downwards if we broke the support point and stay below 28500.

 





MA9 and MA16 lines crossing upwards and confirmed on 7th February 2020. TKM v1.2 had placed Long entry on 10th February 2020, the open price 29021 and the TrailingStop at 29021. The market had decided to turn lower and it hit our Trailing Stop. This trade is breakeven for us.

Order status: Long 29021, Trailing Stop 29021 hit. Result = break even.

 

DJIA Weekly Chart – Week 08 – 2020

 

DJIA Daily Chart – Week 08 – 2020



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