Klcifutures
Dec02 - FKLI (1D): Sideways-Up 157x-161x, Dec Top Formation 📈📉Technicals
Longterm: Bear 🐻📉
Midterm: Neutral (Sideways-Up) 🐻🐮 📈📉
This Month: Seasonally bullish in Dec 🐮📈
👇🏻Prev idea still largely intact, albeit with an added hint of Dec bullishness / year-end rally
🔔Watch: Budget2021 debate & its subsequent approval/rejection
flat on FKLI; might take a seasonal Dec long near current sideways range low, ~156x-7x area.
other than that, I'm sidelined + holiday-ing~~ 😁
Happy Hunting! 🥂🚀
-jk-
Nov18: FKLI (1D) - Sideways-Down <162x, Watch UTL Breakdown 🐻📉Index testing prev major LH near 162x, with momentum weakness above 158x...
Fundamentally, there's a lack of new positive triggers for price to go higher, neither for a strong bear case (unless go full MCO again)...
Thus, I'm keeping to a wide sideways-down view as long as Major R / 1600 mark resists.
Watch: Immediate UTL breakdown , may invite bears
Shall we reverse down from here, a downmove similar to that in August month may take place, pretty good range if true. ;)
Happy Hunting! 🥂🚀
-jk-
Oct26 - FKLI (1D) - Breaking 147x Will Mean Plunge to ~1400 🐻📉Well-positioned to the downside.
Waiting to add if a bounce to ~150x take place...
RISK FACTOR❗️
Political uncertainty
Further deterioration of COVID wave2
Targets: S3 (138x-140x) / S4 (133x-6x, need strong bear to reach)
Time Target: End-Nov / Early-Dec
Happy Hunting! 🥂🚀
-jk-
Oct20 - FKLI (1D) - Still Sideways-Down, Likely Stay <152x... 🐻Again, still bearish on the big picture view.
Had done multiple rounds of Swing shorts within the sideways range, while still holding Dec Position Shorts.
❇️ Mid-term Targets: S2 or lower
Economy & consumer spending has seen significant slowdown since start of October, which is typical of economy lagging 6mths behind market (Covid plunge was March2020). Adding to the pain -- new CMCO, now employers have to open for business, pay workers, no subisdy, AND customers aren't coming...
Do check out my updates on various social media platforms! ;)
Like & Share! ⭐️
Happy Hunting! 🥂🚀
-jk-
Oct05 - FKLI (1D) - Sideways Down, Consolidate btw 148x-152x 🐻Overall, still Bearish on the big picture, just taking some time -- it's FKLI ☺️🤷🏻♀️
Watch support like a hawk, S @ ~148x ❇️
Also note: Risk of gloves FOMO, since COVID starts spiking again, somewhat a Bullish factor for the index.
Happy Hunting! 🥂🚀
-jk-
SHORT FKLI TRADING : 147) short on reboundthis is trade 147 frm haidojo trading...
after hitting the 2nd tp, now normally I wait for the next new trend...until then, still stick to short on rebound...
most probably sideway and slowly down...let's see what the market offers to us...
amazingly,the support range of 1540-1547 still holds...that's the miracle of support and resistance...alwaz mesmerize me in some ways...
higher resistance : 1577-1585 (reversal to bull)
current resistance : 1560
current support : 1540-1547(continue to bear)
lower support : 1475 -1486
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
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