FKLI Malaysia Futures Trading Daily Chart By Tokan Corner : As the chart and Andrew Pitchfork show. The FKLI has stopped at the mid line of Andrew support line. The SMA 20 and SMA 50 still not crossing yet but the Slow Stoch has showing a ” Good Signal” but still below 70 and MACD are trying to perform GC ( Golden Cross ) . As on the mid line it only have 2 choice that is succesfully breakout or a false alarm.
Bursa Malaysia Trading FBM KLCI Chart By Tokan Corner : As a supplement let we see on Cash Market chart, as we can see the FBM KLCI also has breach out its mid line of Andrew Pitchfork and going down to it bottom ( support line ). The problem is the Slow Stoch and MACD showing that it will be arrive at “Bear Land” at any time and i dont want to be trapped again in bear trap. Hope FBM KLCI 1540 support area can withstand with this “Crazy Bear” and panic seller
FKLI MALAYSIA PIVOT FOR 18 JULAI 2011 Malaysia Futures ( FKLI ) Suggestion Spot : (+/-) 2 point will vary. Short Term Target : 1570-1575+ zone area but pls do check our “TS” in handy ^_^ Here is Tokan Pivot for tomorrow for a guide For FKLI Buy/Long : 1st = 1557.5 2nd = 1553.5 3rd = 1550 4th = 1543.5 For FKLI Sell/Short : 1st = 1570 2nd = 1573.5 3rd = 1577.5 4th = 1587.5
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