*DJIA* Week 31 – 2020

The weekly candle is a bullish candle(small body). The MACD histogram formed the 9th bar above zero. Weekly ending at 26375. The market stays below the 27000 psychological resistance and unable to close the week above it.

 





The MA lines are still not touching each other, but please note the MA lines are closer now. This week candles are mostly ended within 2 MA lines. Particularly the last candle was trapped inside both MA lines. The market could be at a turning point. Bull and Bears are fighting hard!

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

 

DJIA Weekly Chart – Week 31 – 2020
DJIA Weekly Chart – Week 31 – 2020

 

DJIA Daily Chart – Week 31 – 2020
DJIA Daily Chart – Week 31 – 2020



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