MyTradingSpace_JK

July06: FKLI(1D) - Midterm ABC Correction to 140x-5x in Progress

Short
MYX:FKLI1!   KUALA LUMPUR COMPOSITE INDEX FUTURES
Mid-term ABC Correction went as expected, see prev post from June15.

June15 - FKLI (1D) - Mid-term Correction towards 140x... 👇🏻👇🏻

Currently, we are in waveB (see: baby blue arrow marker), which may find resistance near R1, 154x-6x.
Declining volume suggests/confirms the correctional-upwave.

I'm positional Short for FKLI, holding thru next potential down-waveC, targeting S3,S4.

Levels to Watch:
  • R2: ~158x
  • R1: 154x-6x

  • Major S1: 147x-149x
  • S2: 142x-4x
  • Major S3: 138x-140x

Happy Hunting! 🏹🎯
-jk-

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