Losing streak came to an end but lacking upside momentum. And the mkts remain in bear territory. Very quiet day.
FKLI stuck in neutral 835-847, Thu’s range.
FKLI stuck in neutral 835-847, Thu’s range.
Look forward to a breakout strategy, especially downside, next week. A fresh leg-down towards 800 is seen if 830-835 fails to hold in early next week. Upside run is still seen limited if the mkt trades below the pink line or 850.
Any attempts to catch rebound around here must put a sell stop.
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