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BURSA MALASIA FKLI FUTURES TRADING ON 60 MINUTE CHART ON ANDREW PITCHFORK REVIEW FOR 19 SEPT 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 at Middle  of Andrew Pitchfork line.  The EMA and SMA still sell signal but due to the strong  of Dow Jones it may be followed by FBM KLCI and  FKLI Futures to rally . And my opinion  on last week regarding

“Dow Jones still have 200+ to 300 +  point to  kick off from the buckets   and as long 10700 can withstand the selling force then we might seen a Long Rally on Wave 3 based on Elliot Wave but below 10600 it will be a false alarm on the wave and may go down more”

Is still intact and already hold it firmly. ^_^

As on the chart is has put a square ( red / green ) to my target area that is around 1427 to 1430 to Buy On Dips and 1446 to 1456 To Sell On Strength  

 

Bursa_malaysia_fkli_futures_trading_60_minute_chart_review_for_18sept_2011

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