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Nov18: FKLI (1D) - Sideways-Down <162x, Watch UTL Breakdown 🐻📉

FTSE Bursa Malaysia KLCI Futures (MYX:FKLI1!)  
MyTradingSpace_JK  
MYX:FKLI1!   FTSE Bursa Malaysia KLCI Futures
Support and Resistance Trend Lines Fundamental Analysis fkli FKLI1! klci klcifutures malaysia malaysiastockmarket malaysiafuturesmarket malaysiafutures klseshort
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supportandresistance trendline fundamental fkli fkli1! klci klcifutures malaysia malaysiastockmarket malaysiafuturesmarket malaysiafutures klseshort
Index testing prev major LH near 162x, with momentum weakness above 158x...
Fundamentally, there's a lack of new positive triggers for price to go higher, neither for a strong bear case (unless go full MCO again)...
Thus, I'm keeping to a wide sideways-down view as long as Major R / 1600 mark resists.

Watch: Immediate UTL breakdown, may invite bears
Shall we reverse down from here, a downmove similar to that in August month may take place, pretty good range if true. ;)

Happy Hunting! 🥂🚀
-jk-

Idea Berkaitan

MyTradingSpace_JK
May03: FKLI (Weekly) - Sideways-Up, Major Range 150x-170x 📈📉
MyTradingSpace_JK
Feb18: FKLI (1D) - Sideways-Down to 157x,3x Support 🐻📉
MyTradingSpace_JK
FKLI Q1 Outlook: Sideways Down to Major S-zone 144x-8x 🐻📉
MyTradingSpace_JK
Dec02 - FKLI (1D): Sideways-Up 157x-161x, Dec Top Formation 📈📉
MyTradingSpace_JK
Oct26 - FKLI (1D) - Breaking 147x Will Mean Plunge to ~1400 🐻📉
MyTradingSpace_JK
Oct20 - FKLI (1D) - Still Sideways-Down, Likely Stay <152x... 🐻
MyTradingSpace_JK
Oct05 - FKLI (1D) - Sideways Down, Consolidate btw 148x-152x 🐻
Penafian

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