*DJIA* Week 29 – 2022

The weekly candle is a bullish candle, the market had filled the gap created during early June 2022. Trend is still bearish now as long as it did not stand back up to 32000. The MACD histogram formed the 36th bar BELOW zero. Weekly ending at 31884.3. The market closed above 31000.

 





MA9 crossed up MA16 on 8th July 2022. On 11th July 2022, the MA9 stay crossing upwards to MA16 during the market open time and confirm the signal, so TKM v1.2 had place 4 Long entries on US30 at the Open Price, 31335.2, CutLoss 30000, First Profit target 32500. Since the market is moving higher, hence, we have change the CutLoss to Trailing Stop at 31000. We will immediately take profit once the price hit 33000.

This order is still valid and holding!

Order status: Long 4 lots US30 at 31335.2, Trailing Stop 31000. We will immediately take profit once the price hit 33000.

 

DJIA Weekly Chart (Week 29 – 2022)
DJIA Weekly Chart (Week 29 – 2022)

 

DJIA Daily Chart (Week 29 – 2022)
DJIA Daily Chart (Week 29 – 2022)



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