*FKLI* Week 04 – 2020

The weekly trend is rebound from low. MACDH form 11th bar above zero. Weekly ending at 1571. The market is selling for a long Chinese New Year holiday.

 





MA9 and MA16 are crossed downwards on 14th January 2020, TKM v1.2 has triggered two Short entry at 15th January 2020 open price, 1581.5, CutLoss at 1600, Profit target at 1560. During this week, CutLoss point 1600 was touched 1 time, according to the TKM system, we will not Cut Loss on the first touch, hence the entry still valid. With the week ended lower, the trailing stop is adjusted to 1581.5 to protect modal.

Order status: Short Jan2020 at 1581.5, Trailing Stop 1581.5.

 

FKLI Weekly Chart (Week 04 – 2020)

 

FKLI Daily Chart (Week 04 – 2020)



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