This weekly chart is a bearish candle, still within bullish trend. MACD histogram forms the 4th bar BELOW zero. This week the market close at 5940.

MA9 crossed up MA16 on 3rd June 2022, the Long singal confirmed on 7th June 2022. TKM v1.2 had placed 4 Long entries at the open price 6423, CutLoss 6350, First profit target 6550. The price went higher after we placed, but it came down the next day, and we got stopped out on 9th June 2022 at the open price. This trade is a breakeven.

There is a Short signal confirm today. However, TKM v1.2 will not take the trade because we just got stopped out from the previous trade. It is bad to overtrade, hence, we will ignore this signal.

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

Order status: Long 4 contracts Aug22 at 6423, Stop out on 9th June 2022 at 6423. Breakeven.