*FKLI* Week 34 – 2020

The weekly trend is bearish with a lower low candle. MACDH form 15th bar above zero. Weekly ending at 1572. The bear is still in control, but the bull has not given up.

 





MA9 and MA16 had crossed down during Monday, 10th August 2020. TKM v1.2 had placed two Short entries at the open price of Tuesday, 11th August 2020 which is 1574.5, CutLoss at 1600 and Profit Target at 1550. This entry is still alive and holding.

Order status: Short FKLI August 2020 at the price 1574.5, CutLoss at 1600, First Profit Target at 1550.

 

FKLI Weekly Chart (Week 34 – 2020)
FKLI Weekly Chart (Week 34 – 2020)

 

FKLI Daily Chart (Week 34 – 2020)
FKLI Daily Chart (Week 34 – 2020)



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Your email address will not be published.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.