Malaysia Futures Trading FKLI 60 minute Chart By Tokan Corner :
As the chart based on Andrew Pitchfork show it does not meet my expectation. The FKLI rally back down lower on upperline of Major Andrew.
Slow Stoch still showing some bullish power energy left…but the MACD showing on the otherside. So beware for any uncertainty ok traders. Watchout for any sneak attack :p
Will the rally breakthrough from this downtrend?
Well i have asked this question last week and I still answering the same answer is “ NO”
On my thought our market will be in bad condition from Monday till this Thursday. Just my opinions and no offence ok guys ^_^
As on chart the support on Major Andrew Pitchfork Upper line will be tear off by the “ Panic Selling Again” thus we need to watch 1483-1435 trade range ( midline range support).
Remember to watch at midline of Major Andrew
Words for today is :
“BUY ON DIP SELL ON RESISTANCE” J
Read more previous post here :
· BURSA MALAYSIA FKLI FUTURES TRADING PIVOT FOR 22 AUG 2011
· DJIA Review On Next Monday : U.S. stocks to get no rest, remain volatile
· Three Black Crows Threats On The Markets
· DJIA Commentary : Wall Street Stocks Extend Weekly Losses, Led By HP
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