Weekly trend show sign of a rebound (not a reversal) by indicator. MACDH continue to form rounding bottom, a shorter histogram appear this week. Weekly ending at 2505. This week is a Sideway market too.

MA 9 had cross downwards to meet MA 16 during 17th Jan 2018. Short entry triggered and trade order was placed and matched. Existing trade order remain valid and still holding.

Currently, both EMA lines have met each other again, but we will stay on with our position.

Order Status:

Short FCPO April 2018 at price 2476.  More details on TP and SL price, please refer to FCPO Week 03 – 2018 post. Traders are advised that this is not a buy and sell call. This is educational purposes.