Monday, 11 May 2015

Indicator Y L2145 s1856.5 - FKLI 1245pm SAR 1814.5

The stop and reverse trade signal has been adjusted lower again for the short 1856.5 on FKLI based on the short term technical trend indicator Y trading guides. Thus, the indicator will take profit and turn long if the index futures is last traded 1814.5 or higher at 1245pm in the morning trading session close today.

Again, this is without taking into consideration on any unforeseen circumstances when we post the indicative price 1814.5 for readers traders to digest.

The indicator Y long 2145 on FCPO is still have no stop and reverse sell trade signal for readers traders to digest and it basically has to hold on the long position while waiting for the MPOB supply and demand data!