Wednesday, December 2, 2009

FKLI 3rd Dec 2009

As yesterday
no position established.

Results,
3 safe, 0 con, 17 losses, 9 win.
Average -34 points/lots

Outlook,
Tomorrow is critical day.
If cant break 1277, 78.6% fibonacci levels, then it count as wave B or wave 2.
So FKLI must trade above 1277 to consider at uptrend resume

If break lower 1268, then almost certain wave B or wave 2, at 61.8% levels.
if this happened, then i think major wave 4 come in.

strategy,
wait and see, prepare to long if break higher, or sell if break support
trend deciding moment.

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