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HAIDOJO_trading

lower highs are formed for fkli_june

Short
FTSE Bursa Malaysia KLCI Futures (MYX:FKLI1!)  
HAIDOJO_trading Updated   
MYX:FKLI1!   FTSE Bursa Malaysia KLCI Futures
Trend Analysis Chart Patterns Technical Indicators fkli FKLI1! fcpo FCPO1! downtrend Bearish Trend Line Bearish Patterns critical criticalzone
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trendanalysis chartpattern indicator fkli fkli1! fcpo fcpo1! downtrend bearishtrendline bearish critical criticalzone
not looking gud for fkli as more lower-highs are formed in hourly chart...IF the breakout of 1486-1490 happens, we shall see more selling pressure...the gud news is, june is " windows-dressing" month...so probably we will see some uplift during the last few days of the month..

immediate and critical support : 1486-1480

immediate resistance : 1515 - 1520 depends on SMA-200

strategy : short on rebound or wait for breakout of 1486 support...


Comment:
this is trade 55

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