Poll

What indicators that you mainly use in Technical Analysis (TA)?
Moving Average (SMA/EMA)
RSI
Stochastic
MACD
Ichimoku Kinko Hyo
Volume
Momentum
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Monday, 13 May 2013

FCPO : More downtrend expecting?

FCPO



FCPO TF10.. 13May
Unexpected gap up today, however, i take it as opportunity to short with huge discount price.. Today was very limited time to trade as i have another urgent problem..

Anyway back to CPO, a gap up this morning was not so significant to wake alligator up for uptrend.. but woke up to downtrend.. TP also reached..

Now, for tomorrow, if gap up, will do the same thing like this morning.. Hope it will break today lowest 2301, before heading more lower price.. as 50% of total wave 5, is 2285, so this is also my target.. and this area also where the alligator use to sleep for quite some time.. At the moment also, alligator is in sleeping mode.. with bearish divergence seen on AC.. so, watch out.. huhu