A very slow 5 points range trading market on FKLI that end the morning session up 2 points at 1270.5. Bollinger band flat small band width with price bar up and down suggesting a side way range bound market. MACD Histrogram also act indecisively in the whole morning by turning up and down show no hint of direction. The spotted descending triangle break out could ignite some reason for market to go upward biased but it could also stay side way range bound. Expecting a boring market ahead.
No comments:
Post a Comment