Fbm clsd at daily low fkli clsd at daily high! Fbm again finished at low after a 3p preclosing dip.
Regional weak. Fbm holding quite well but weak external means no upside momentum. Mkt found support at last week lows but still require bullish external to jump start buying interest. Internally, sentiment is very weak or "when is buyer"
Resistance is lowered to 60 from 70. Fkli’s candlestick is a reversal candle. Seller should watch out, especially if mkt still above 50 tomorrow . Maybe 50 is “the’ support this week and a bounce towards the uptrend line is expected. Fbm candle still very much in favor of bears.
Above 60, no sell. Sell at resistance instead.
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