*DJIA* Week 20 – 2020

The weekly candle is a bearish candle. The MACD histogram formed the 12th bar below zero. Weekly ending at 23572.5. The market is tired but has not given up. It may attempt to touch 24500 next week as long as 22500 support is not broken.

 





MA 9 and MA 16 is touching each other. No signal this week but we will be watching and ready for a Cross Down anytime next week. Do pay attention to the market next Monday!

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

 

DJIA Weekly Chart – Week 20 – 2020
DJIA Weekly Chart – Week 20 – 2020

 

DJIA Daily Chart – Week 20 – 2020
DJIA Daily Chart – Week 20 – 2020



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