FBMKLCI - not looking good guys

As salam dan salam sejahtera traders semua.

a gloomy gloomy week last week. sampaikan saya nak posting dalam trading view pun xde hati.

yang mana keep on cut loss for this week, saya ucapkan takziah. take it as a lesson.

x kena x tau kan?

okay how's the condition of our index looks like?

yang mana pakar chart pattern rasanya dah recognize pattern ni kan?
YUP a Head and Shoulder. bukan yang shampoo tu ye.

this a bearish head and shoulder setup yang saya perasaan di dalam weekly chart kita.
based on pattern it will keep on falling. perhatikan last candle tu, a big black solid marubozu. it is a strong supply.

Apa maksudnya? our market in a state of panic.

so what we should do?
Chill, exit positions dan g bercuti. simple
boleh lihat pada MACD yang kini berada pada negative region yang menunjukkan adanya sentimen jualan yang kuat di dalam market.

kalau nak trade juga, PLEASE KEEP IT SHORT!!!
see money take money.

Good Luck Guys!! saya akan sideline sampai market cantik semula

Halim Hamdan