*DJIA* Week 44 – 2022

The weekly candle is a big bullish candle. Trend is bullish above 32000. The MACD histogram formed the 2nd bar ABOVE zero. Weekly ending at 32351.5. The market closed above 32000, bullish trend is here.

 





MA9 crossed up MA16 on 18th October 2022, the signal confirm on 19th October 2022, hence TKM v1.2 has place 4 Long entries at the Open price, 30692, CutLoss 29600, Profit Target 3160033800. Although the market hitted 32000 this week, but this is due to market panic and emotion because of interests rate hike, hence we are maintaining our trailing stop to 32000.

The order is still valid and holding.

Order status: Long US30 30692, Trailing Stop 32000.

 

DJIA Weekly Chart (Week 44 – 2022)
DJIA Weekly Chart (Week 44 – 2022)

 

DJIA Daily Chart (Week 44 – 2022)
DJIA Daily Chart (Week 44 – 2022)



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