The weekly candle is a bearish candle, the bears have strong control! Trend is still bearish now. The MACD histogram formed the 31st bar BELOW zero. Weekly ending at 29950.6. The market closed below 30000.

MA9 crossed down MA16 on 10th June 2022, the signal confirmed on 13th June 2022. TKM v1.2 had place 4 Short entries on the Open Price, 31212.5, Cut loss at 32000, First profit target 30000.

The market move lower after our entry. Hence, after a week of holding, we have revised the Cut Loss to Trailing Stop at 31000. This order is still holding and alive.

Order Status: Short US 30 at 31212.5, Trailing Stop 31000.