T2TWELL

ALSI sep18 FCO trading Idea

Long
TVC:SA40   South Africa Top 40 Index
The ALSI top40 Sep-18 futures contract will roll over to its dec-18 expiry tomorrow 20th sep.

Trading Idea right now is that the 49800 technical 60min support level will attract buying for the market to get option hedgers that took trades short below 5000 to buy back above 50000
by FCO closing price

I have initiated a long position at 49600 on September 17th and target for the long trade is the FCO closing price. a stop loss below 49200 will be exercised as well.

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