The week closed with a invented hammer candle. The MACDH forms the 44th bar ABOVE zero. Weekly ending at 1690.5 The trend might change to bearish.

MA9 crossed down MA16 on 2nd March 2026; the signal is confirmed. However, we didn’t short the market because the March contract for FKLI is discounted by more than 20 points compared to the cash market. It is a very high risk to short a heavily discounted contract. Hence, we choose not to trade.

TKM v1.2 will continue to monitor for a fresh signal.