Big Gaps For FKLI To FufilTechnically, distribution phase is now visible with more and more lower high and lower lows formation on the daily chart. With none promising higher low formation form so far, bearish momentum is likely to continue.
Traders are advise to go Short if the market attempt to rallies approaching major resistance level. For today, support is located around 1,501 while resistance is pegged at 1,538 level.
Daily Pivot Point
R2= 1538
R1= 1532
S1= 1513
S2=1501
GOODLUCK2ALL
GOODLUCK2ALL
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