16) FCPO : uptrend resumes...

134
update frm 15), price frm fcpo-apr has resumed to break to higher-high, above the previous 4400-4420, making the uptrend continues higher at 4600 now (close to). Previous resistance is now the support level, which is 4500-4540. The overhead resistance ranges frm 4630-4650.

IF the market is aggressive(since fcpo-apr ends this week), THEN it will hit the 4630-4650 immediately and go further up.
IF the market is slow-ish, THEN it will lower back to 4500-4540 and play some tug-of-war with bear but Bull is still the major preference. OR tangling between 4540 -4630 region.
IF market falls below the critical 4490(4487 to be precise) which is also the previous higher-low, THEN market has probably reverses.

That's all for tdy. Happy Thaipusam and hapi holiday. Happy hunting.


PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.

#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia

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