The weekly candle is a bullish candle, small body with shadow. The MACD histogram formed the 18th bar above zero. Weekly ending at 27626.5. The market stays above the 27000 psychological and 27300 support. We have seen buyers did attempt to buy the dip. Bearish candle pattern is confirmed in earlier weeks, the market might test the lower support and trade lower next week.

This week the market moves lower. TKM v1.2 had placed a Short entry on 14th September 2020, the order has hit our trailing stop. We have liquated our entries on 30th September 2020 at the price of 27706 because this price level was hit multiple times and it is our trailing stop to protect modal. Although, we can see the market is a bearish bias, again with many days of holding and it still yields not bigger return. We must plan the trade and trade the plan. Simple as that!

Order status: Short DJIA 27706, hit Trailing Stop 27706.