The weekly candle is a bullish candle. The MACD histogram formed the 1st bar above zero. Weekly ending at 25486. The market is tired but has not given up. It may attempt to go above 25600 next week as long as new support 24500 is not broken.

MA 9 and MA 16 is moving away from each other. The Weekly Chart changes the outlook which is a bullish trend now. But should we long the high side or wait for the pullback? No, we wait for TKM v1.1 to tell us the answer. So far, we have no signal in either Long or Short. The market is continuing the uptrend.

TKM v1.2 will continue to monitor for the fresh entry!