The weekly chart had made a Higher high compared to last week’s range. The MACD histogram formed the 2nd bar above zero. Weekly ending at 27960. The market is breaking new high!
MA9 crossed up to MA16 on 16th October 2019 and the confirmation is on 17th October 2019. The entry is still valid. Neither the CutLoss or Profit Target is achieved, TKM v1.1 will continue to hold the entry. The trailing stop is now set at 27500, in order to protect profit.
Order status: Long DJIA 26933, Trailing Stop 27500.