*DJIA* Week 36 – 2020

The weekly candle is a bearish candle, small body with shadow and tail. The MACD histogram formed the 14th bar above zero. Weekly ending at 28074. The market stays ABOVE the 28000 psychological resistance. It touched the resistance of 28700. Although cannot stay above it, the bull is still in control! It might attempt 28700 and the all-time high in coming weeks!

 





This week the market moves lower. Currently, both MA lines are moving closer to each other. The price stay below both MA lines, this could be the start of a correction.

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

 

 

DJIA Weekly Chart (Week 36 – 2020)
DJIA Weekly Chart (Week 36 – 2020)

 

DJIA Daily Chart (Week 36 – 2020)
DJIA Daily Chart (Week 36 – 2020)



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