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Malaysiaindexfutures

April11: FCPO (Weekly) - Bullish, R@4.4k, 4.6k, 4.8-5k 📈🐮🚀 🔅Fed continue with USD printing, US 10yr bond yield consistently rising touching 1.7-1.8%, US Stocks pumped by stimulus money... 🔅Across-the-board commodity spike especially food & grains... 🔅USD Index continue rising despite excessive printing, suppressing EM markets currencies (including our MYR)... 🌐These are all MACRO reasons why CPO will see higher prices going forward. ⚠️ Risk: CPO entering high-production cycle; fluctuating global export demands due to restricted economic activities; COVID recovery progress. Maintain mid-term bullish view as per last posted ideas below. ❇️ Follow my TG channel for latest market updates. :) Mar10 ATH call: Q1 Bullish Call: CPO Monthly Bullish Cycle:
MYX:FCPO1!Long
by jeanne_k
Feb08: FCPO (1D) - Sideways-Up to 3.5-3.6k 📈🐮CPO price consolidated past 1-2weeks, supported above UTL & major EMA , bulls took back control by end-Jan. Staying >320x-2x support will see price attempt to regain 3500 & 3600 resistance levels. Expect volatile sideways-up situation for coming 1,2weeks till market resume after CNY 🧧🏮 🔔 Overhead Resistance: 344x-9x, 354x-8x ❇️❇️Longterm Outlook: R2 tested, R1 holding on test, attempting to break above. (check out post link below) Happy Hunting! 🥂🚀 -jk-
MYX:FCPO1!Long
by jeanne_k
FKLI Q1 Outlook: Sideways Down to Major S-zone 144x-8x 🐻📉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 🔔 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-
MYX:FKLI1!Short
by jeanne_k
3
Dec02 - FKLI (1D): Sideways-Up 157x-161x, Dec Top Formation 📈📉Technicals Longterm: Bear 🐻📉 Midterm: Neutral (Sideways-Up) 🐻🐮 📈📉 This Month: Seasonally bullish in Dec 🐮📈 👇🏻Prev idea still largely intact, albeit with an added hint of Dec bullishness / year-end rally 🔔Watch: Budget2021 debate & its subsequent approval/rejection flat on FKLI; might take a seasonal Dec long near current sideways range low, ~156x-7x area. other than that, I'm sidelined + holiday-ing~~ 😁 Happy Hunting! 🥂🚀 -jk-
MYX:FKLI1!
by jeanne_k
1
SHORT FKLI TRADING : 147) short on reboundthis is trade 147 frm haidojo trading... after hitting the 2nd tp, now normally I wait for the next new trend...until then, still stick to short on rebound... most probably sideway and slowly down...let's see what the market offers to us... amazingly,the support range of 1540-1547 still holds...that's the miracle of support and resistance...alwaz mesmerize me in some ways... higher resistance : 1577-1585 (reversal to bull) current resistance : 1560 current support : 1540-1547(continue to bear) lower support : 1475 -1486 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ*
MYX:FKLI1!Short
by HAIDOJO_trading