Regional mixed but HS shrap drop dragged prices lower. While Klci managed to maintain above 1070, Fkli lost ground after 4pm as the combination of HS and European mkt losses proved too hot to handle. Falling commodities prices like crude oil -3% contributed to the broad slump on profit take.
A bearish engulfing candle...not good. But the uptrend tone remain intact unless Jun closes below the uptrend line. Focus is still on buy. Selling for short term play.
As for buy, wait for bargain near 1050 or buy above 7SMA ( if breach n regain) or above 1070.
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