Thursday 17 January 2013

FKLI Trading Strategies [18/01/2013]


By: Bullseye
17/01/2013
Topic:  FKLI Trading Strategies for 18/01/2013

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 1685 as the highest and 1678 as the lowest. Therefore I would advice to set the strategy as follow:


Technical Chart Analysis
Through the chart, we can see that the “rebounce” that we were expecting had occurred but the trend is still bias towards the downward trend.

Strategy For 18/1/2013
InvestACE had felt relieved with the “rebounce” effect taken place today and we are looking forward for FKLI to surpass 1700 again in the near future. We would advice should the FKLI opens lower, getting yourself into a “long” position would be visible as the resistance level would be between 1687 to 1689.5 and the supporting levels would be from 1680 to 1675.5

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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