Regional strong on China rebound, on bargain buying, finally, after recent minus–20%-profit-take selling. A change of fortune ? …too early to tell so choppy days ahead.Fbm.fkli still remains in negative territory. Prices recover on external push but still lack the internal bull power to generate a breakout. Market remains within yesterday’s trading range - meaning boring.
Fkli position itself near immediate resistance lvl. But it looks like the mkt will stuck within 7 and 14 SMA ahead of the weekend. Probably better chance next week.
50-70 tomorrow, stay out and go for holiday.
Do not sell if above 1150 tomorrow.
Do not sell if above 1150 tomorrow.
No comments:
Post a Comment