*DJIA* Week 06 – 2022

The weekly candle is a hammer with a long high shadow, this is still a light in the tunnel or bullish. The MACD histogram formed the 13th bar BELOW zero. Weekly ending at 34794.3. The market closed ABOVE 34500, and if this continues to go up next week and make a new high, 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 was hit on 31st January 2022, it bagged total of 3800 points profit for the 4 entries.

The MA9 crossed up MA16 on 8th February 2022 and the entry confirmation happened on 9th February 2022, TKM v1.2 has Long 4 entry on US30 future at open price, 35540, CutLoss 35000. The market dive after our entry and hit our CutLoss. This trade lost 2160 points!

Order status: Short US30 at 35950, Took Profit 35000. Total of 3800 points profit.

Long US30 at 35540, CutLoss 35000. Total of 2160 points losses.

 

DJIA Weekly Chart (Week 06 – 2022)
DJIA Weekly Chart (Week 06 – 2022)

 

DJIA Daily Chart (Week 06 – 2022)
DJIA Daily Chart (Week 06 – 2022)



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