Monday 13 April 2015

Indicator Y s2175 s1844 - Fear And Greed Day

The short term technical trend indicator Y is having a "fear and greed" day in today trading.

FCPO short 2175 did reach a low 2092 before closing 2127 on last Friday, and it is trading higher today while finding the stop and reverse buy trade signal is remained very high.

FKLI short 1844 is basically kept trading above the selling level although the index futures was closed 1838 last Friday while the stop and reverse buy trade signal is near 1860 high level and therefore we did not post any comment until we get clearer signal.

Fear to lose, greed to make more... Thus, have your time to enjoy such a day especially without clear stop and reverse trade signals!