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BURSA MALAYSIA FUTURES TRADING REVIEW FOR 27 JULY 2011

Posted by Flora Sawita

Malaysia Futures Trading FKLI 60 minute Chart By Tokan Corner : As  the chart and Andrew Pitchfork show. The FKLI has stopped above upperline of Andrew resistance line. Last Tuedays has opened in weak then rebounced based oversold technical rebounced. Now the market are bit curious regarding United State Debt Deal, thus it mean this week will be a crucial week. If the debt plans goes well the market will skyrocket and if not what we fear the “2 Dip Recession” will haunt us. So as an advise better close your position on next Friday if you cannot bear the risk.  Lets watch “ Obama Vs Boehner”

Ok lets go back to the chart, any changes will show us some hints on tomorrow Wednesday. If the markets can broke above 1565  it might be a rally again to charge 1575+ -1580. If not get ready for a rollercoaster. :p ( 1550 – 1545 Buy On Dip )

If open at upper line go fo short and pls prepare your TS. Make it handy

 

Bursa_malaysia_fkli_futures_trading_60_minute_trading_andrew_pitchfork_chart_review_for_27_julai_2011

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