26 July 2019 (Friday)
FKLI
FKLI continued to surge yesterday as the buyers entered at low prices in addition to the positive regional markets. The market opened at 1648 and dived to 1646 before it then steadily inching up and surged at the final 30-mins to the peak at 1657, followed with the strong recovery in cash market. The market then closed at 1655.5, closed higher for 10-pts or 0.61%.
Today, majority of global overnight main indices markets were generally closed lower, even Dow too closed lower for than 100-pts or 0.47%. Hence we may expect FKLI to decline as well.
Today's planning:
Plan A: Consider selling if market trades below 1657, cut above 1660.
Plan B: Attempt buying if market does not break below 1645.5, cut below 1642.
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 continued to surge yesterday as the buyers entered at low prices in addition to the positive regional markets. The market opened at 1648 and dived to 1646 before it then steadily inching up and surged at the final 30-mins to the peak at 1657, followed with the strong recovery in cash market. The market then closed at 1655.5, closed higher for 10-pts or 0.61%.
Today, majority of global overnight main indices markets were generally closed lower, even Dow too closed lower for than 100-pts or 0.47%. Hence we may expect FKLI to decline as well.
Today's planning:
Plan A: Consider selling if market trades below 1657, cut above 1660.
Plan B: Attempt buying if market does not break below 1645.5, cut below 1642.
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.