The weekly candle is a bearish candle. The MACD histogram formed the 1st bar Above zero. Weekly ending at 36123. The market closed at slightly below last week closing, and the bullishness is expected to continue.
The MA9 crossed up MA16 and confirmation on 15th October 2021. TKM v1.2 open 2 Long entries on 18th October 2021 at 35263, Trailing stop change to 35263 35800 while the first Profit target 36500. With the market moving higher during the week, we have set a trailing stop to higher than our entry price to protect profit.
The price is still supported by the MA Lines, the entries are still holding.
Order status: Long 2 entries DJIA at 35263, Trailing stop 35263 35800.