FKLI MALAYSIA FUTURES TRADING AND BURSA MALAYSIA KLSE ( FBM KLCI ) REVIEW FOR 22 JULAI 2011
Posted byBursa Malaysia Trading KLSE FBM KLCI 60 minute Chart By Tokan Corner : As a supplement let we see on Cash Market chart, as we can see the FBM KLCI has beach out from upperline on Andrew Pitchfork on and being supported by Fibo 23.6% at 1563 point. MACD still riding Golden Cross indicator but Slow Stoch still at bullish zone area.
Will this breakout will gap up by Dow Perfomance Tonight?? ( Pls Note Dow are “Superb Tonight” ) For my opinion...yes it will. Target range for tomorrow is at 1570 – 1580 point.
FKLI Malaysia Futures Trading 60 minute Chart By Tokan Corner : As the chart and Andrew Pitchfork show. The FKLI has stopped at below upperline of Andrew resistance line. The SMA 20 and SMA 50 still not crossing yet but the Slow Stoch showing a ” U-Turn” attempt might happen after take a “DIP” and MACD are still riding its newborn (GC) Golden Cross . As on Andrew Pitchfork line, the market closed nearly on the 1st line of the resistance bar.
Even it still staying below the resistance line, Tokan sure that it will follow cash market to breakthrough and gap up on next morning trading with optimism with The Dow result ( now 1.26 AM ) Dow rite now at 164+.
FKLI MALAYSIA PIVOT FOR 22 JULAI 2011
Malaysia Futures ( FKLI ) Suggestion Spot : (+/-) 2 point will vary.
Short Term Target : 1574.5-1580 zone area but pls do check our “TS” in handy ^_^
Here is Tokan Pivot for tomorrow for a guide
For FKLI Buy/Long :
1st = 1562.5
2nd = 1560.5
3rd = 1558
4th = 1556.5
For FKLI Sell/Short :
1st = 1582
2nd = 1578
3rd = 1574
4th = 1570
“BUY ON DIP, SELL AT RESISTANCE”
BUY SIGNAL WILL BE BORN ON 60 MINUTE CHART ON TOMORROW TRADING DAY.. GOING TO ATTACK 1600+ GOOD LUCK HOPE MY POST GIVE MY READERS SO GUIDANCE AND SOME INFO ON WHAT TO DO ON NEXT “BATTLE”. PLS DO GIVE YOUR COMMENT REGARDING MY POST. REALLY APPRECIATE IT.
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