*DJIA* Week 01 – 2024

The weekly candle is a bearish candle, the trend is bullish, and the price is rising to a new high. The MACD histogram formed the 7th bar Above zero. Weekly ending at 37451.

 





MA9 and MA16 continue to be the price support. No new signal this week. However, the price touches MA16, this has not happened for the past few months. This might be hinting that the market possibly needs a correction downwards.

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

 

DJIA Weekly Chart (Week 01 – 2024)
DJIA Weekly Chart (Week 01 – 2024)

 

DJIA Daily Chart (Week 01 – 2024)
DJIA Daily Chart (Week 01 – 2024)



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