*FKLI* Week 43 – 2020

The weekly trend is sideways with a bearish bias. The MACDH form 6th bar BELOW zero. Weekly ending at 1493. The market is bearish this week!

 





MA9 and MA16 had crossed down on 22nd October 2020, by right, TKM v1.2 has to place Short entry on 23rd October 2020. But looking at the political climate, the world pandemic uncertainty. The market has been behaving strangely with high fluctuation. We have decided to skip this trigger and wait for the next entry. We are sorry that we didn’t inform our readers earlier but this is the last minutes’ thought and we pull a handbrake. We wanted to trade in the market which has least influences by the political news and rumours.

 

FKLI Weekly Chart (Week 43 – 2020)
FKLI Weekly Chart (Week 43 – 2020)

 

FKLI Daily Chart (Week 43 – 2020)
FKLI Daily Chart (Week 43 – 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Your email address will not be published.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.