FKLI Q1 Outlook: Sideways Down to Major S-zone 144x-8x 🐻📉

Updated
*Technicals
  • Jan: Test major R @ 162x-4x 📈📉
  • Feb: Test major S1 or S2 🐻🐻
  • March: Test major S2 or S3 📈🐻


👇🏻 Prev idea on potential Dec2020 Top Formation
Dec02 - FKLI (1D): Sideways-Up 157x-161x, Dec Top Formation 📈📉


🔔 Q1 Risk Factor to Watch:
Covid, Reinstating/further extension of MCO, Political instability (Malaysia), US President transition, Geopolitical tension in Iran/Taiwan

I'm short bias for FKLI for Q1, looking to add to current position shorts shall Major R fails.

Happy Hunting! 🥂🚀
-jk-
Note
👇🏻 Prev idea on potential Dec2020 Top Formation
snapshot
Elliott WaveFibonaccifklifkli1FKLI1!klciklcifuturesmalaysiafuturesmalaysiafuturesmarketmalaysiaindexfuturesmalaysiastockmarketSupport and Resistance

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