Friday, June 10, 2016

KLCI bearish signal yesterday

Noon ... after lunch, checking on markets.

I am at Kidzania ... so so crowded, and the tickets not cheap!! At parent's lounge ... chilling cold. Hai-choo ...

Shorted FKLI was good ... but taken profit too early and forced to short-back lower. Wasted few points there.

This is KLCI bearish sign ... shown by stochastic bearish crossover ... above 80 level (overbought). So ... yesterday, I sold off my last portion of IOICorp ... and at the moment I m seeing Maxis losing 16cents!! Reading the candle-sticks ... it is bearish too.

Hope it rebounds a little ... for me to short another. DOW daily is not good sign too.

Fingers crossed.

Moving again ... have nice weekend.

note : do contact me to start the e-learning group by next month. I just needed a few more to start!! Yes, learn trading ONLINE ... every Wednesday night 9.30pm.


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