*DJIA* Week 20 – 2022

The weekly candle is a bearish candle, the bears controlling the battlefield! Trend is bearish now but the long tail in the weekly candle might be signaling a rebound is near. The MACD histogram formed the 27th bar BELOW zero. Weekly ending at 31281. The market closed below 32000.

 





MA9 and MA16 continue to be the resistance for the price. No new signal.

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

 

DJIA Weekly Chart (Week 20 – 2022)
DJIA Weekly Chart (Week 20 – 2022)

 

DJIA Daily Chart (Week 20 – 2022)
DJIA Daily Chart (Week 20 – 2022)



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