18 April 2019 (Thursday)
FKLI
FKLI continue to decline and achieved a new low for these two and a half years at 1618, recorded as the second decline consecutively. The market opened at 1629.5 and tipped at 1631.5 before it then plunged to the low of the day. The market then rebounded along with the cash market and closed at 1622, closed lower for 8.5-pts or 0.52%.
Today, the movement of global overnight main indices markets were closed slightly higher, except Dow which closed flat. Hence, we may expect FKLI to further decline today.
Today's planning:
Plan A: Consider selling if market rebounds but resisted before 1629, cut above 1634.
Plan B: Attempt buying if market fails to break below 1618, cut below 1614.
Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
FKLI
FKLI continue to decline and achieved a new low for these two and a half years at 1618, recorded as the second decline consecutively. The market opened at 1629.5 and tipped at 1631.5 before it then plunged to the low of the day. The market then rebounded along with the cash market and closed at 1622, closed lower for 8.5-pts or 0.52%.
Today, the movement of global overnight main indices markets were closed slightly higher, except Dow which closed flat. Hence, we may expect FKLI to further decline today.
Today's planning:
Plan A: Consider selling if market rebounds but resisted before 1629, cut above 1634.
Plan B: Attempt buying if market fails to break below 1618, cut below 1614.
Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.