*DJIA* Week 47 – 2022

The weekly candle is a bullish bias candle. Trend is bullish above 33000. The MACD histogram formed the 5th bar ABOVE zero. Weekly ending at 34368.5. The market closed above 32000, bullish trend is here.

 





MA9 crossed up MA16 on 18th October 2022, the signal confirm on 19th October 2022, hence TKM v1.2 has place 4 Long entries at the Open price, 30692, CutLoss 29600, Profit Target 31600 3380034000. We are maintaining our trailing stop to 32000, 33000 changing our trailing stop to 34000.  We will take profit immediately if price hit 35500 next week.

The order is still valid and holding.

Order status: Long US30 30692, Trailing Stop 34000. We will take profit immediately if price hit 35500 next week.

 

DJIA Weekly Chart (Week 47 – 2022)
DJIA Weekly Chart (Week 47 – 2022)

 

DJIA Daily Chart (Week 47 – 2022)
DJIA Daily Chart (Week 47 – 2022)



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