This week trend is sideway (bearish), and the price closed slightly lower compared to last week! MACD histogram forms the 6th bar above zero. This week the market close at 4310.
MA9 had crossed down MA16 and the signal confirm on 2nd September 2021! TKM v1.2 had placed 2 SHORT entries on the open price 4181, CutLoss at 4250, Profit target at 4100. During the same day of entry, it hitted our stop loss but due we did not trigger the CutLoss because it is fresh entry and we decided to let it move for a day. However, we had to execute the cutloss on 3rd September 2021 open price, 4265, because the market prove us wrong. These trade losses 168 points!
Order status: Short Nov21 at 4181, CutLoss 4265.