By: Bullseye
16/01/2013
Topic: FKLI Trading Strategies for 17/01/2013
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 1678.5 today, with 1687 as the highest and 1674 as the
lowest. Therefore I would advice to set the strategy as follow:
Technical
Chart Analysis
Through the chart, we are seeing the effect of “retracement”
which had yield lower today at 1674 (new low) as the lowest. Therefore, we are
expecting a slight “rebounce” would occur and the “retracement” downward trend
would still continue
Strategy
For 17/1/2013
As
what we’ve analyze through our chart, we would expect a “rebouce” occur at the
supporting level between 1673 to 1667, should it has reached the support level,
we would recommend traders to long and take profit at resistance level of 1686
to 1693
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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