*FCPO* Week 09 – 2020

The weekly trend is bearish with the fear of Coronavirus. MACD histogram forms the 5th bar below zero.

 





The MA9 and MA16 have not crossed and no signal, TKM v1.2 will continue to monitor for a fresh trade signal.

This is a highly volatile week with almost 300 points range! But we will need to be careful on the rebound, the market is extremely oversold. Any rebound can be sharply upwards.

 

FCPO Weekly Chart (Week 09 – 2020)

 

FCPO Daily Chart (Week 09 – 2020)



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