Technically at the current level KLCI looks heavy. If price cannot hold above 1615 then a bigger retracement is expected towards 1585 to 1571 support area.
this is haidojo and the number is 336... sorry folks! I am truly very sorry! After a long 3 months, I have returned... The main reason for my absentee for the past few months is fcpo has been trading sideway and it has been absolutely NOTHING much to discuss... fcpo is killing me with sudden ups, sudden down, when the trend is supposingly confirmed, then suddenly...
$FKLI FKLI recovery map (2022-2024/26) Dec'22: Bounce continue post-GE mid'23: reclaim 1,598 end'23: reclaim 1,698 mid'24: retest 1,600 from 2023 peak mid'24-early'26: reclaim 1898... @ 2026, what's next? case A: Fed cont QE, ATH or new ATH on inflation case B: Dollar collapse, world plunge into abyss. thanks for reading my crystal ball analysis...
Based on the early analysis, KLCI is expected to fall to 1008 if it closes below 1270 on the monthly candle. Keep track of the monthly levels, the market is expected to be volatile due to the upcoming elections and the associated outcomes from the election.
this is haidojo and the number is 335... This is a sequence from no 330 and no 333, titled "bracketing the market". As the story goes, last month in Sept, we had a breakout to the downside whr fcpo dropped below the support of 3500-3600. To follow-up what happened yesterday, fpco-dec22 has created what I call as "Higher-High-Higher Close" in hourly chart. Which u...
this is number 334... As a summary of what had happened in the full-month Sept: the whole Sept was a total carnage! It dropped frm 1490 to 1390 at the end of the month. Now, since the interest rate hike is probably at the end of the yr (Nov or Dec?), the market finally has some time to catch some breath. For the technical analysis part, we could see "a...
this is haidojo and the number is 333... "why reality in trading is much harder than those you see in advertisements? ". "Those ads which showed you it is very simple. JUz try these 3 simple steps and u can make millions." "made your setup, went shopping, then when u came home, you ald made some profits." "...and dun forget those who showed you lamboghini,...
BOOM!, This is what we have been waiting for. The price already break the channel / trendline / neckline. So now all the thing we have to find and look is short position. But need to remember there is support nearby. We should have be aware if the price will make strong rebound or it still break the support. See tomorrow on monday!
this is number 332... As a summary of what had happened in the full-month August: what you are looking at was hourly chart in August for fkli-aug. FRm the beginning of the month till 17th Aug, index was moving in uptrend. After the mid-month, we had a huge drop frm 17th till 24th August which went frm 1530 all the way to 1465...frm thr, we had an "end-of-month...
this is number 331... As a summary of what had happened in the full-month JUly, the first half was similar to fcpo, which was a downtrend frm 1460 to 1412.50. Then it started to rebound and hit 1480 first, retraced back to 1460 before hitting higher and yesterday reaching 1500 resistance. Technically speaking, fkli-July has shown series of movement which created...
this is haidojo and the number is 330... First half of July month, it was a downtrend. Frm the low of 3500, it rebounded to the 1st high at 4080, then another round of selling to hit 3636-3700, another rebound came and hit higher at 4310 at the end of JUly, which is exactly the same high as the previous high at 4300...now, we wait for breakout of either side to...
this is haidojo and the number is 327 ... Juz a brief update...2 gartleys in the view... 1st one, possible reversal at 6310...counter-trend trade, cannot hold too long... 2nd gartley, possible reversal at 6080...another counter-trend trade, same issue...cannot hold too long...(this is what I probably would do, no indicator of buy/sell, trade on your own...
this is number 326... 9th May 2022 was indeed a false alarm. So, back to our story in fkli both limits which are the 1480 --the low and 1612--the top are both not broken. so basically we are still in the box. Sideway, and our best strategy is still trading in the box strategy, which is short on resistance and long on support...the trending is actually a "no, no"....
this is haidojo and the number is 325 ... For the first half of the May, price moved in downtrend until it hit bottom at 5925 on 19th May22. After that, it made a series of jagged uptrend and here we are...at the crossroad of 6400, going down we see some cushion of support at 6310, and 6080../higher level we could expect some resistance near 6650, 7080... As for...
this is number 324... It has been downtrend since 5th May 2022, from the top 1612 and now waiting for the news frm 9th May 2022. War-infested regions might escalate or stop after today. now, waiting for 1540 to see whether it is the reversal point or slide lower. Overall, fkli is still in sideway. We are still looking at the bottomline at 1480, the lowest current...
this is haidojo and the number is 323 ... In the whole April, thr were another 2 Double-Tops (DT) on 27th Apr22 and 29th Apr22, hitting as high as 7132 and 7229! Now, the price could be a "churning process" before leaping onto a higher ground. Of course, this could be wrong bcox we have the "9th May" curse. This so-called curse actually comes from the...
this is number 322... Today is 4th Apr 2022, and fkli-Apr22 is in a short-term uptrend since 8/9th March22 when it hit the bottom at 1518-1526 support. After potentially having a LH (Lower-High) on 1st April 2022 and a ISL(Initial Structure Low) on 29th March22, it is more likely that the price will go downhill after this. In order to reverse this, price have to...
this is haidojo and the number is 321 ... After hitting a double high on 2nd March22, 7108 and 9th MArch 22 ,7268 (so far, this is the record high), fcpo price has broken into NSL(New Structure Low) and since then fcpo market has been playing sideway frm 15th till 31st March22, ranging frm 5700- 6100...only on last Friday, another NSL---5477 is formed...so , we...