*DJIA* Week 24 – 2020

The weekly candle is a bearish candle. The MACD histogram formed the 3rd bar above zero. Weekly ending at 25539. The market had made a new high and close at low.

 





MA 9 and MA 16 is closer to each other. The Weekly Chart changes the outlook which it is a bullish trend now. This could be a pullback of recent rally, the market need a healthy correction to continue its journey. Be it up or down, we will let the chart guide us. No signal this week.

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

 

DJIA Weekly Chart – Week 24 – 2020
DJIA Weekly Chart – Week 24 – 2020

 

DJIA Daily Chart – Week 24 – 2020
DJIA Daily Chart – Week 24 – 2020



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