FKLI Spot Month Turn Bearish Divergence

There is 90% chances the FKLI spot month will turn bearish on coming Monday if the MACD unable to hook up. A followup Head and Shoulder likely to form if it rebounded and form a lower high. We advice you exit "Long" position or set a sell stop & limit at 1290 to 1286 to preserve your capital. KLCI also has a chance to form a bearish divergence signal if the MACD cannot hook up on time. Please refer to the pictures below.