*DJIA* Week 02 – 2022

The weekly candle is a bearish candle. The MACD histogram formed the 9th bar BELOW zero. Weekly ending at 35968.5. The market closed below 36000, and the market might be heading to another all time high after this retracement. However, it is risky to long the high.

 





The MA9 and MA16 has turn to be the resistance for the daily price candle. MA lines are closing their gap, be watchful on next week market.

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

 

DJIA Weekly Chart (Week 02 – 2022)
DJIA Weekly Chart (Week 02 – 2022)

 

DJIA Daily Chart (Week 02 – 2022)
DJIA Daily Chart (Week 02 – 2022)



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