The weekly candle is a hammer with a long lower shadow, this is a light in the tunnel or bullish. The MACD histogram formed the 11th bar BELOW zero. Weekly ending at 34700.8. The market closed ABOVE 34500, and if this continues to go up next week, the bull will be back.

The MA9 crossed down MA16 on 17th January 2022, the entry confirmation happen on 18th January 2022, TKM v1.2 has shorted 4 entries on US30 future at the open price, 35950. Trailing stop at 35000 to let the profit run. Also, we will immediately liquidate our entry when the price hits our final target price 33000.

We will monitor if the price continues to be resisted by the MA lines.

Order status: Short US30 at 35950, Trailing Stop 35000. We will immediately liquidate our entry when the price hits our final target price 33000.