The weekly trend turned bearish. The MACDH form 4th bar (shorter) ABOVE zero. Weekly ending at 1526.5. Looking at the trend (MACDH), the market might want to drift lower.

As expected, the MA9 had crossed down MA16 and was confirmed on Tuesday, 21st September 2021. TKM v1.2 had placed 2 Short entries at the open price 1516, Cutloss set at 1550 and profit target 1480. We understand our entry is low because of Monday huge drop. Hence we have set our Cutloss further from the first resistance. The result page will update with this entry.

Order status: Short FKLI Sep21 at 1516, Cutloss 1550, Profit target 1480.