02 January 2018 (Tuesday)
FKLI
FKLI settled at 1779 on the last trading day on 2017, followed with the strong surge on cash market which settled at 1796.81. FKLI itself surged for 147.5 or 9.04% throughout 2017. Based on the trend recently, our market is still showing bull trend, but however the surge was too strong due to the window dressing effect, market is somehow slightly overbought now, thus buyers are advised to think twice before entering the market.
Today's planning:
Plan A: Attempt selling if market fails to break above 1789.5, cut above 1792.
Plan B: Attempt buying if market supported well above 1773, cut below 1770.
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 settled at 1779 on the last trading day on 2017, followed with the strong surge on cash market which settled at 1796.81. FKLI itself surged for 147.5 or 9.04% throughout 2017. Based on the trend recently, our market is still showing bull trend, but however the surge was too strong due to the window dressing effect, market is somehow slightly overbought now, thus buyers are advised to think twice before entering the market.
Today's planning:
Plan A: Attempt selling if market fails to break above 1789.5, cut above 1792.
Plan B: Attempt buying if market supported well above 1773, cut below 1770.
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.