Get started
kgiap123

FKLI turned bearish back below 1400.. VIX Fear is back

Short
FTSE Bursa Malaysia KLCI Futures (MYX:FKLI1!)  
kgiap123 Updated   
MYX:FKLI1!   FTSE Bursa Malaysia KLCI Futures
Trend Analysis Technical Indicators
8
1
trendanalysis indicator

VIX FiFT +ve = Fear in Control now.
FKLI hit EMA50 and 1400 Resistance and retrace. FiFT turned -ve.

Stock is Bearish bias. Stay aside.
Comment:
VIX are still BULLISH, but at cross road. Appear to be blocking by EMA20.
If VIX breaks above EMA20, meaning, VIX BULL is getting stronger.. which is not good for stock. Be cautious.
Comment:
As predicted, many fake breakouts during most of the week due to fear sentiment.
Last friday, VIX turned bearish (fear subside) with fast turtle sell appear on friday.
VIX seems resisted by 40 and EMA20
FiFT turned -ve
ATOM sell
Expect bullish start for stock market starting next week.
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)

www.tradingview.com/script/mbiUr95n-MCDX-Plus/
www.tradingview.com/script/mcAidXIT-FiFT-Pro/
www.tradingview.com/script/viAR3Ilo-Trend-Sign

Related Ideas

kgiap123
VIX appear to reverse to BULLISH - Fear is back
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.