KLOFFE Spot Month showed a technical rebound, after a strong DJIA rebounds. However if you’re in short position earlier, you should close your position once the EMA(7) and EMA(3) crosses and MACD too. When it cross, it is time to close short position and long. Meanwhile, just hang on and observe the EMA & MACD.

Strength is coming in DJIA but Malaysia political atmosphere has stopped it from going higher (yesterday DJIA went up 1.87% /207 points but there’s no as much gap up in KLOFFE Spot Month).

Having said that, it is forming double bottom now. If it breaks up the 1124 level today. Then we’ll go LONG.

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