The weekly candle is a bullish candle. The MACD histogram formed the 8th bar below zero. Weekly ending at 24152. The market may continue to move up to 24500!

MA 9 confirms crossed up to MA 16 on 10th April 2020. TKM v1.2 had placed a Long entry on 13th April 2020, the market open place, 23839 and it hit our Stop Loss 2 days later at 23500. This trade loss of 339 points! But the market move up again after hitting our stop loss!

Perhaps, the volatility of the recent market is too wild for TKM v1.2, we might want to widen our Stop Loss and Profit target by a level or two. We will decide on the next signal.

TKM v1.2 will continue to monitor for the fresh entry!