This weekly chart is a bearish candle, and the bullish trend taking a rest. MACD histogram forms the 1st bar Below zero. This week, the market closed at 3699.

The MA9 crossed down MA16 on 5th Dec 2023, TKM v1.2 had triggered 6 Short entries at the Open Price, 3824, CutLoss at 3900, First Profit target 3700. We have not liquidated our entries with profit, we have changed our Trailing Stop at 3750.

Order status: Short 6 FCPO Feb24 contracts at 3824, Trailing stop at 3750. We will immediately liquidate the entries if the price hits 3500 next week.