*FKLI* Week 50– 2019

The weekly trend is rebound from low. MACDH form 6th bar above zero. Weekly ending at 1576.5. The market creates a new high and no lower low. The candlesticks formation confirms Morning star pattern. We might be in the Windows Dressing rally mode.

 





MA9 crossed down to MA16 on 26th November 2019, TKM v1.1 had triggered a Short entry on 27th November 2019 open price @ 1588, CutLoss at 1600 and first profit target at 1550.  Took profit at 1560 on 10th Dec 2019. This trade bagged us 28 points profit. The result page will be updated.

Order status: Short Dec2019 @ 1588, Took profit 1560.

 

FKLI Weekly Chart (Week 50 – 2019)

 

FKLI Daily Chart (Week 50 – 2019)

 

 




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