The weekly candle is a bear candle. The MACD histogram formed the 20th bar above zero. Weekly ending at 28205.5. The market stays above the 28000 psychological. We have seen buyers did attempt to buy the dip. Bearish candle pattern is confirmed in earlier weeks might be negated. The bull might attempt 28700 in coming days.

This week the market move higher, MA9 crossed up MA16 during 7th October 2020, TKM v1.2 had placed a Long entry on 8th October 2020 at the open price, 28179. This week, on 22nd October 2020, the market dive below 28000 and hit out Cut Loss. This trade makes losses of 179 points!

Order status: Long DJIA 28179, CutLoss 28000, Lose 179 points.