Palm | Kelapa Sawit

By : Tokan

60 minute : The FKLI Future Index has bounced back from previous decline after hitting over the resistance line at 1597/1598 area. It has declined to 1586.5 ( nearly 15 point ) from the 2nd best spot from the previous post suggestions. The chart has shown us a good rebounced back from the support zone ( green line ) from 1586.5 the FKLI has clawback to 1593 point. But, it still below mid resistance line and the Dow Report will hurt somebody pocket tomorow. Just get ready to "BUY" at supporting line zone and "SELL" at resistance line zone.

Nevertheless, bear in mind this is the last stage of EW ( Elliot Wave ) Numbering Pattern No. 5 in FKLI Futures. Any time it will go to "A" downhill zone. Just watch ur back and see ur trade.

Here is Tokan Pivot For Tomorow:

Malaysia Futures ( FKLI ) Suggestion Spot : (+/-) 2 point will vary.

Buy/Long : 1st  = 1581

                 2nd = 1584

                 3rd = 1587

Sell/Short : 1st  = 1603

                 2nd = 1600.5

                 3rd = 1598

"Happy Trading Hours Guys "