The weekly trend is bullish turn bearish bias (continued). The MACDH form 6th bar above zero. Weekly ending at 1641. Looking at the trend (MACDH), the bullish trend is weakening but we cannot underestimate the power of the Santa Rally!
MA9 and MA16 had been the price resistant for this week. The price continues to close under the MA Lines, this gives a hint that we must have to be cautious on Long. Currently, TKM v1.2 has not detected any signal.
We will continue to monitor for the fresh signal.