The weekly candle is a very bullish candle which opens low but rise up near to last week high. The MACD histogram formed the 6th bar BELOW zero. Weekly ending at 35950.5. The market closed above 35000, and the bearishness is expected to continue.
The MA9 crossed up MA16 and by right TKM v1.2 shall trade this signal but we didnt. Looking at the year-end low volume market, we’ve decided to skip this signal and close the book for DJIA 2021.
Do come back next year for more analysis!