Palm | Kelapa Sawit

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 to 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 yesterday and I still answering the same  answer is “ NO”

On my thought our market will be in bad condition from today 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 1453-1435 trade range ( midline range support) below that it will find support at lower line on Major Andrew line. So be alert on price movement ok guys :)

Words for today is :

“BUY ON DIP” J

Read more previous post here :

·         DJIA Market Recap: DJIA Falls 419 Points on Worldwide Economic Woes

·         BURSA MALASIA FKLI FUTURES TRADING ON 60 MINUTE CHART ON ANDREW PITCHFORK REVIEW FOR 18 AUG 2011

·         BURSA MALAYSIA FKLI FUTURES TRADING PIVOT FOR 18 AUG 2011

·         Volatile Movement Expected For Malaysian Stock Market

·         BURSA MALAYSIA FKLI FUTURES TRADING PIVOT FOR 19 AUG 2011 ( Daily and Weekly Pivot )