*DJIA* Week 52 – 2020

The weekly candle is a bull candle. The MACD histogram formed the 6th bar above zero. Weekly ending at 30099.5. The market stay above the 30000 psychological support. This week the market made a lower low, it is a sign of pullback (bearish).

 





MA9 crosses up MA16 is on 9th November 2020. We had placed 2 Long entries on DJIA at the open price of 10th November 2020, which is 29029. Our Trailing Stop was hit on 21st December 2020, the Long entries were liquidated at 29700 with 1342 points total profit!

TKM v1.2 will continue to monitor for a new signal!

Order status: Long DJIA at 29029, CutLoss 28500. Took profit at 29700, bagged 1342 points profit.

 

DJIA Weekly Chart (Week 52 – 2020)
DJIA Weekly Chart (Week 52 – 2020)

 

DJIA Daily Chart (Week 52 – 2020)
DJIA Daily Chart (Week 52 – 2020)



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