By: Bullseye
7/01/2013
Topic: FKLI Trading Strategies for 8/01/2013
Okay,
today I will keep my information short, simple and clear cut, I’ve studied
today’s FKLI market and with this I would like to provide you my analysis which
I’ve calculated for tomorrow:
FKLI (JAN 2013)
We’ve
seen our FKLI closed at 1684.5 today, with 1705 as the highest and 1683 as the
lowest. Therefore I would advice to set the strategy as follow:
Technical
Chart Analysis
Through an initial screening of the chart, our last Friday’s
strategy seems to be quite accurate that it has possibilities to go downwards,
as such we can see that today’s closing seems to be “shocking” but a recovery
would be possible for tomorrow.
Strategy
For 3/1/2013
From
what we could observe, today’s closing seems to be a bit drastic, and the
momentum of going downwards would continue tomorrow, but anyhow, I would
suggest that traders NOT to continue to short it but remain positive and get
ready to long at 1669 as this would be the first support for the day.
Disclaimer:
The information and analysis mentioned above are solely based on Invest ACE’s
personal technical analysis with the aid of professional training, decades of
experience and meticulous foresight; Invest ACE shall NOT be held liable for
any losses (financially or otherwise) incurred by any parties relying on
aforementioned analysis without prior professional consultation. Should you
wish to find out more on how to invest wisely, do not hesitate to contact
Invest ACE via investace126@gmail.com.
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