Once again, KLOFFE is on the sideway trend. The up move has only affected by DJIA. This has continued for a couple days already. The question is should we put in a position?? Looking at current trend, it is in a perfect trading trend. Which means it is going for a drop before regain the up move momentum. It is at the 1150 support level after the morning session. I will look for opportunity to short, as DJIA has also meet it’s daily resistance at 11600.
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David Kong
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