*FKLI* Week 52 – 2021

The weekly trend is bullish. The MACDH form 6th  bar BELOW zero. Weekly ending at 1540. Looking at the candle sticks patterns, it is a bullish continuation.

 





The MA9 crossed up MA16 on 24th December 2021, TKM v1.2 has confirmed the signal on 27th December 2021 and placed 2 Long entries at the open price for January 2022 contract which is 1513.5, Cutloss set at 1500 and the first Profit Target is 1530. With the market moving higher for the entire week, at the last trading day for 2021, the January contract has hit as high as 1573.5. It is an extremely huge spread between December 2021 and January 2022 contracts. In order to close the book for 2021, we have decided to take profit for the Long entries at the final trading hours at 1560. This trade bagged us 93 points profit. The result page will be updated.

Order status: Long 2 contracts January 2022 at 1513.5, Took Profit 1560.

 

FKLI Weekly Chart (Week 52 – 2021)
FKLI Weekly Chart (Week 52 – 2021)

 

FKLI Daily Chart (Week 52 – 2021)
FKLI Daily Chart (Week 52 – 2021)



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Your email address will not be published.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.