Thursday, 9 April 2015

Indicator Y s2175 L1779.5 - Sell If 1245pm 1842.5

As long as the index futures is closed below 1843, the indicator Y long 1779.5 on FKLI will have to take profit and turn selling. It seems that the stop and reverse sell trade signal falls in 1840s not the 1820s or 1830s!

Will we start seeing multiple losing trades on FKLI after a good ride on the uptrend trade?

FCPO short 2175 will probably not be able to see its stop and reverse buy trade signal today since the cpo futures price is getting lower and lower. The short term technical trend indicator Y trading guides on FCPO has high stop and reverse buy signals after turning sell 2175.