Feb18: FKLI (1D) - Sideways-Down to 157x,3x Support 🐻📉FKLI Index price consolidated past 1-2weeks, between 157x-160x range. Bears in control following multiple fail test of 1600 crucial Resistance mark.
Staying below Major R: 159x-161x will see bear attempt to push price back to range low 155x-7x or to lower S1 area.
🔔Underlying Support: 155x-7x ; 153x ; 150x
❇️❇️Q1 Outlook: Attempt to breakdown to Major S1... (check out post link below)
Malaysiaindex
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-
FKLI TRADING : 168) bracketing the marketthis is trade 168 frm haidojo trading...
now bracketing the market again...but the tendency is still long during retracement...
the trend is still uptrend...until lower-high and lower-low are formed...
there is nothing new with fcpo except it is the 1st day of fcpo-dec...so no update...
higher-resistance : 1557
resistance : 1532-1545
immediate resistance : 1512-1520
lower support : 1477-1490
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
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!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
sideway move after a few days of strong upside -fkli july-for those who have followed me for the last 2 episodes of fkli predictions, I hope you guys have made some profit..If you haven't dun wori, the market is alwaz thr...A BIGGER question is " Are you ready?" ...as the saying goes, "opportunities await for those who are well-prepared"...
-after witnessing a strong rally uptrend which started last week, finally we see some softening down today...it could be juz a "knee-jerk" reaction of the traders taking profits after some time, or a real reversal has happened...anyhow, reversal is too early to say...
current resistance : same as the peak on 9-11th June 2020, 1580-1587...
lower support : 1540
strong support : 1480 -1500
if you haven't read my last 2 episodes of fkli, pliz check the links below ...
gud luck and gud trading folks...