DJ futs turn minus in late Asian trading hours. –25P at 5.15pm. Regional mixed.Cash on 6-day winning run. 961.28/+4.6p. Off highs after failing to break 970. Probably already reach top this week, candle looks “tire”
Despite early upbeat tone, FKLI sentiment turns lower after cash toppish outlook Selling was more aggressive in PM session, HK turn minus in the afternoon, on profit selling - Mass psychology in action.
A sell market first and the Q is can 7SMA hold? If not, 14SMA (yellow line) is the immediate target. Buying only if 962 regains, at least.
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