*DJIA* Week 25 – 2024

The weekly candle is a bullish candle and the support line is tested successfully. The MACD histogram formed the 11th bar Below zero. Weekly ending at 39586.

 





MA9 crossed down MA16 on 27th May 2024, and the signal was confirmed on 28th May 2024. TKM v1.2 opened 6 Short contracts at the Open price of 39163, TrailingStop at 39163.

The Trailing Stop hit on 17th June 2024. This trade is breakeven.

Also, the MA9 crossed up MA16 the same week and confirmed the Long entries. But, TKM v1.2 will not take this signal because we have just closed the previous Short entries within the same week. Hence, we will let go of this signal.

Order status: Short 6 contracts US30 at 39163, Hit Trailing Stop 39163. Break-even.

 

DJIA Weekly Chart (Week 25 – 2024)
DJIA Weekly Chart (Week 25 – 2024)

 

DJIA Daily Chart (Week 25 – 2024)
DJIA Daily Chart (Week 25 – 2024)



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