The weekly candle is a bearish candle, the bulls are leaving the battlefield! Trend is bearish now. The MACD histogram formed the 23rd bar BELOW zero. Weekly ending at 33701.1. The market closed below 34000.
MA9 crossed up on 18th March 20222 (Friday). The signal confirmed on the 21st March 2022, TKM v1.2 placed 4 Long entries at the Open price, 34710, CutLoss 34000, Profit target 35500. The order is liqudated on 22nd April 2022 with 2840 points losses.
On 22nd April 2022, MA9 is touching MA16, almost want to cross downwards. If it happen next week, TKM v1.2 will place 4 Short entries. Do come back next week for updates!
Order status: Long 4 entries US30 at 34710, CutLoss 34000. This trade lose 2840 points.