*FKLI* Week 09 – 2018

Weekly trend looks like gaining strength to go up. MACDH stop forming rounding top. Weekly ending at 1862 . Indeed a bullish closing for the week.

 





Compare to last week, the market stop making sudden dive and regaining the firm ground to go higher, MA9 cross upwards over MA16, it clearly start to go apart from each other. A long entry is possible but due to last week is a “No trade” signal, we will not take trade until Weekly chart show confirmation on bullish trend. Aggressive trader can queue to long on weakness around 1820.

 

FKLI Weekly Chart (Week 09 -2018)

 

FKLI Daily Chart (Week 09 -2018)



Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.