Negative tone continues but losses limited near immediate short-term support lvl. (uptrend line and 7SMA)- directionless condition. Unlike yesterday, no major selling seen today, players are probably waiting for HS to rebound instead. In fact, Fkli looks more confident than yesterday.A firm DJ futs and European in the afternoon also help to build confidence.FKLI remains resilient, back above 1070 but still cautious and must break higher soon before the pressure gets to big near the support lvl. A firm opening tomorrow should see the mkt trying for 1080 again, especially if Klci breaks above 1076. Downside scenario remains the same, 1060++ unless external factors very bearish.
Hello, KHS (King HS). What software you use to monitor FKLI? Your chart background look beautiful.
ReplyDeleteHI Iceman,
ReplyDeleteI wish my k is king! The chart is actually from Excel.I manually key-in the data every day. The lines are 7/12/21/30 SMA. KHS
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ReplyDeleteHihihi MR,
ReplyDeleteTks for web add. Will consider their service once i get too busy! Right now, i am lucky to have work, so i will pretend to be hardworking!