*DJIA* Week 30 – 2020

The weekly candle is a bullish candle. The MACD histogram formed the 8th bar above zero. Weekly ending at 26328.5. The market went above the 27000 psychological resistance briefly but unable to close the week above it.

 





The MA lines are still far away from each other, but please note the price for the last two days before the market close for the weekend. Both candles ended at the MA lines support. Particularly the last candle was trapped inside both MA lines. The market could be at a turning point.

TKM v1.2 will continue to monitor for the fresh signal.

 

DJIA Weekly Chart – Week 30 – 2020
DJIA Weekly Chart – Week 30 – 2020

 

DJIA Daily Chart – Week 30 – 2020
DJIA Daily Chart – Week 30 – 2020



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