Thursday, 12 March 2015

Indicator Y s2295 s1816.5 - Buy If FKLI Is Closed 1779

FCPO short 2295 will probably continue to hold on the short position today with high stop and reverse buy trade signal above 2300. We will post a new stop and reverse trade signal once the indicator Y has a clear signal.

FKLI short 1816.5 is having its stop and reverse buy trade signal being adjusted much lower and will have to do a stop and reverse buy once the index futures is closed 1779 or higher at 515pm today. As readers traders can remember, the low is 1757 after turning sell 1816.5, the indicator Y will give up again a substantial floating profit if the stop and reverse buy trade signal is triggered today.

Both FKLI FCPO trade signals here is based on the short term technical trend indicator Y trading guides.