The weekly trend is sideways with a rebound from the low. The MACDH form 3rd bar BELOW zero. Weekly ending at 1600.5. Looking at the trend (MACDH), the market made is still bearish bias.

MA9 and MA16 are moving closer to each other. FKLI did not go lower this week. Hence, the MA lines are slightly pointing upwards. We can confirm a reversal when MA9 crosses up MA16.

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