The weekly candle is bullish. The MACD histogram formed the 7th bar Below zero. Weekly ending at 44421.
MA 9 and MA16 crossed up and confirmed on 21st January 2025, TKM v1.2 had placed 6 Long entries on the DJIA contract at Open price 43681, Trailing Stop at 43681 44000. Since the market move on after our entry, we replace the CutLoss with Trailing Stop to protect profit. This week, the price briefly touched below 44000, but we did not execute the Trailing Stop. Also, we did not take profit when the market hit our first profit target briefly.
This trade is still valid and holding.
Order status: Long DJIA 6 contracts at 43681, Trailing Stop 44000, First Profit Target 45000.