The Bursa-KLOFFE has followed through the expected downtrend after the technical rebound, mainly cause by the GOOD NEWS in US Market. Remember, good news is sign of weakness. Overall, there’s no indication that the market could gain strength for a Bull move.

However, expect profit taking in next session. Take profit first (if you’re in short position) when you see a HIGH VOLUME DOJI. This means the market would not want to push it down further.

Short again after the reversal.

You Should Also Check Out This Post:

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