Thursday, 9 April 2015

Indicator Y s2175 L1779.5 - Sell If FKLI Is Closed 1847

The indicator Y long 1779.5 will come to an end once the index futures is closed 1847.0 or lower at 515pm today; and, turning sell. It is a good profit on this trade holding on since last month. After this, the fear and greed will have to start over again especially true if multiple losing trades "kick in"!

How much will be the "technical" realized profit on the long 1779.5 if stop and reverse sell trade signal is triggered at close today? Let's wait and see in one hour time from now.

FCPO short 2175 will stay on and no stop and reverse buy trade signal is given at the moment unless we have a very clear sign like what did happen and write on FKLI in the last few posts based on the short term technical trend indicator Y trading guides.