This weekly chart is a bearish candle, and the trend might be changing to bearish. MACD histogram forms the 7th bar Above zero. This week the market close at 3720.
MA9 crossed down MA16 and the signal confirm on 4th August 2023. TKM v1.2 placed 6 Short entries(Nov2023 contract) on 7th August 2023, Open price at 3853, CutLoss at 3950, First Profit Target 3700. Since the market move down and closed lower for the week. We have changed the CutLoss to Trailing stop at the entry price 3850. We will immediately take profit if the price hit 3500 within next week. The result page will be updated with this entry.
Order status: Short 6 contracts Nov 2023 at 3853, Trailing Stop 3850.