Quiet day. Negative sentiment continues….fail to distant from support lvl. Fkli remains within yesterday’s lower lvl but avoided any fresh breakdown. Fbm finished at intra-day low following a 4 points dip in the preclosing stage. Therefore, below 30SMA.Fkli hanging there but the danger of breakdw remains. In fact, fbm gets weaker. Fbm very sluggish for the past 5-day..like missing some usual buyers. Fkli did not respond to fbm preclosing selldown.
Generally, below 70 this week…no need to get into long. Below 55, strong trading sell signal.
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