*DJIA* Week 25 – 2019

Weekly chart uptrend. The 1st MACD histogram (very very tiny) formed ABOVE zero. Weekly ending at 26674. Market is bullish bias, it can be confirmed when it breaks above 27000.

 





The MA9 crossed up MA16 on 11th June 2019. It triggered Long entry at the open price, 26100, the index has not hit our CutLoss point 25600 and it run higher throughout the week which hit our first profit target (26500). Hence, we are replace the CutLoss with Trailing stop at 26100 to protect modal. The second profit taking target would be at 27000.

Order Status: Long 26100 (11th June 2019), CutLoss 25600, Trailing stop 26100.

 

DJIA Weekly Chart – Week 25 – 2019

 

DJIA Daily Chart – Week 25 -2019



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