FKLI - Rebound ContinueOn yesterday post, crucial support 1767.5 have prove valid by price action, as rebound breakup correction zone 1776.5 to 1784, the rebound will be a stronger one. Price should approach 1789 to 1804 zone in short term. 1792 will be resistance.Longby JohnkiewUpdated 3
FKLI - Crucial Support 1767.5FKLI correction come to crucial support level (see left chart arrows), trader please monitor this price level for clues of direction, below 1767.5 will see market continue selling to 1729.5 As higher timeframe suggest on the left side, the market trading in correction phase. If market rebound from 1767.5, the resistance to be see between 1776.5 to 1774. Price further this range indicate a stronger rebound. by JohnkiewUpdated 2
FKLI - Sideway around 1790.5FKLI have not moving our from range 1785 - 1796 since 5 Sep. In the daily chart, this price zone was crucial support at 61.8% of previous impulsive swing. In FBM KLCI chart, price did not breakaway the 61.8% (1794). Expecting FKLI to continue sideway until breakout from the range. While without higher high set up, the entire picture remain bearish.by JohnkiewUpdated 222
FKLI - Below 1790.5, next target at 1767.5The selling remain with emerging market bearish sentiment remain. Trader please look for sell opportunity. Shortby JohnkiewUpdated 3
FKLI back to Correction and heading to 1790Almost the same set up we see in Crude oil, FKLI failed to sustain 1806. Price likely to trade lower and heading to 1790.Shortby JohnkiewUpdated 2
FKLI Resistance LineExpected to rebound at resistance line or if break go short to target area.by mszinc1
FKLI potential downtrend?A break and close below the 1,770 could spark a sustained selling pressure for FKLI. Tradingview: tradingview.go2cloud.org by davidleekuanyong0
Is FKLI losing momentum?FKLI for the time being is losing momentum towards the upside as long as prices below the green color trendline. As traders, had you prepared for this potential outcome? by davidleekuanyong0
Short FKLIThe futures kuala lumpur index start weakening from 1850 to 1820 base on weekly chart. short around 1850 will test the level 1820.Shortby iotafuturesUpdated 112