The weekly candle is a bearish candle. The MACD histogram formed the 1st bar BELOW zero. Weekly ending at 35642.9. The market closed at below last 2 week closing, and the bearishness is expected to continue.
The MA9 crossed up MA16 and confirmation on 15th October 2021. TKM v1.2 open 2 Long entries on 18th October 2021 at 35263, Trailing stop change to 35263 35800 while the first Profit target 36500. On 18th November 2021, the price move past our trailing stop and we have taken profit at 35800. This trade bagged us 1074 points.
Order status: Long 2 entries DJIA at 35263, Took Profit at 35800. Bagged 1074 points.