For FKLI
first sell signal if 1075.5 was break
second confirm sell signal if 1072 break
cut loss at 1081
profit levels for tomorrow seen at 1062.
things to observe at 8.30am is Nikkei need to traded on negative zone.
further strong indication is crude oil and soybean oil electronic traded negative as well
possibilities
1st option,
if market supported above 1072, and break new high (1081.5) then we aim for 1094, despite break 1092 levels, 1094 is the previous price target. we call long if FKLI were traded higher than 1094 and never trade lower than 1090.
2nd option,
if market break 1062?
if this is the case, then i think market is confirm traded on Wave C.
aiming longer term profit target at 1030 or 993 regions.
However, FKLI might be traded volatile during trading session due to minor sub wave during trading session. Cut loss order at 1080 still remain there.
still no selling signal appear in the 15 min and hourly chart. waiting 1075.5 to breach.
ReplyDeletepossible sideways trading days as window dressing as rumors.
technically, still better short unless 1081.5 and 1094 break.
FKLI make new high 1082. temporary stay from market. still looking to short if break 1075.5
ReplyDeleteNIkkei closing low, Dow Jone futures trading lower.
ReplyDeletemarket should be trading lower.
sell signal remain same, 1st support at 1075.5
2nd, 1072
sell signal is getting stronger,
ReplyDeletesuccessful rate would be around 75%
FKLI seems sideways...........short term resistance seen at 1080.5
ReplyDeletedamn boring day.........