Futures Kuala Lumpur Index (FKLI)

[Camilly]

17 May 2018 (Thursday)
FKLI
FKLI made an U-turn yesterday as it dipped down to lowest at 1841 followed with weak regionals, but then rebounded followed the strong cash market and inching up to the peak at 1857 and closed above supports level. We shall see if the market able to sustain above the support level at 1850, and if it can, the market will continue to surge as the overnight main indices markets were basically closed higher.

Today's planning:
Plan A: Consider selling if surges but fails to break above 1860, cut above 1864.
Plan B: Attempt buying market supported well above above 1850, cut below 1847.

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.

 

[Camilly]

18 May 2018 (Friday)
FKLI
FKLI hovering in tight range between 1850-1860 as both buyers and sellers were struggling to bring the market to their favour. Today, the overnight main indices markets basically closed higher, but Dow closed slightly lower for about 0.22%, hence we shall see if our market could strike out from 1850-1860, or still consolidated within the range.

Today's planning:
Plan A: Consider selling if trades below 1860, cut above 1864.
Plan B: Attempt buying market supported well above above 1850, cut below 1847.

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.

 

[Camilly]

21 May 2018 (Monday)
FKLI
FKLI was still hovering between 1850-1860 on last Friday, resulted the market still traded in consolidation stage whereby both buyers and sellers were reluctant to enter the market. Despite the market looks weak, FKLI still stood firm above 1849. Today, the overnight main indices markets basically closed higher, Dow even rose for almost 200-pts as U.S. and China decided to put a ceasefire on the trade war. Hence we shall see if our market could strike out from 1850-1860 today, or still consolidated within the range.

Today's planning:
Plan A: Consider selling if trades below 1860, cut above 1864.
Plan B: Attempt buying market supported well above above 1850, cut below 1847.

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.

 

[Camilly]

22 May 2018 (Tuesday)
FKLI
FKLI traded most of the time between 1850-1860 yesterday, as it peaked at 1861 followed with the strong regionals,but then declined as the traders took profit and market closed at 1852 (+2-pts). Today, the overnight main indices markets basically closed higher, while we shall see if the traders are willing to enter the market to make the market step out from the consolidation zone or, it may remain between the range.


Today's planning:
Plan A: Consider selling if surges but resisted before 1860, cut above 1864.
Plan B: Attempt buying market supported well above above 1850, cut below 1847.

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.

 

[Camilly]

23 May 2018 (Wednesday)
FKLI
FKLI peaked at 1856.5 followed the strong Dow and regionals yesterday, but straightaway declined and broke below support level at 1850 as the cash market opened weak. Then the entrance of sellers further pressured the market down to lowest at 1843.5. Our market closed down 6-points at 1846 yesterday. Today, the overnight main indices markets basically closed higher, only Dow closed down 178-points or 0.72%. Hence, we shall expect a flat opening today in our market.

Today's planning:
Plan A: Consider selling if market resisted before 1851, cut above 1854.
Plan B: Attempt buying market supported well above above 1843.5, cut below 1840.

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.

 

[Camilly]

24 May 2018 (Thursday)
FKLI
FKLI tumbled for more than 2% or 41.5-points yesterday, as the government announced the nation's debt has been accumulated for more than RM 1 trillion, and this worsen the fear of investors towards our markets. This decline had recorded as the biggest fall ever since the change of government from GE14.

Today, the overnight main indices markets basically closed lower, and with oversold situation occurs in our market, we shall expect if our market to support above 1800, else it could be pressured lower and lower today.

Today's planning:
Plan A: Consider selling if market resisted before 1820, cut above 1823.
Plan B: Attempt buying market supported well above above 1803.5, cut below 1800.

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.

 

[Camilly]

25 May 2018 (Friday)
FKLI
FKLI had plunged for almost 100-points since the decline from Tuesday after the market had broken the support level at 1850. Furthermore with the announcement from the government about the national debt's which had accumulated for more than RM 1 trillion and which 1MDB is unable to pay off their debts, the foreign selling has never stop and resulted the markets to break below 1800. Our market once rebounded to 1816.5 yesterday, but still failed to hold above this level and declined drastically to five-months' low at 1766.5. The market only closed higher with some profit-taking activities happened before the market closed at 1775.5, closed down for 29-points or 1.61%, total accumulated decline for 76.5-points or 4.1% in only three days.

Today, the overnight main indices markets basically closed lower, and with oversold situation occurs in our market, we shall expect for any rebounds in our market but the market in the big picture is still bearish. Thus, traders are advised to be alert and it is best if to set any cut-loss order whenever to enter the market to reserve their capitals.


Today's planning:
Plan A: Consider selling if market surges but resisted before 1800, cut above 1805.
Plan B: Attempt buying market supported well above above 1770, cut below 1766.5.

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.

 

[Camilly]

28 May 2018 (Monday)
FKLI
FKLI strongly rebounded on last Friday and sustained firm above support level at 1790's. It once rebounded above 1800's and closed at 1801. Although our markets has been declined badly after GE14 due to the unstable political issues which resulted foreign selling in our markets, but we believe that in long term, the nation's economic will still gradually make a come back as it is one of the most important aspect in the government to look into.

Today, the overnight main indices markets basically mixed in direction, hence we shall expect our market to open higher and may have a chance to further go up as well.

Today's planning:
Plan A: Consider selling if market surges but resisted before 1818, cut above 1823.
Plan B: Attempt buying market supported well above above 1790, cut below 1786.

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.

 

[Camilly]

30 MAY 2018 (Wednesday)
FKLI
FKLI tumbled drastically for 1.67% on Monday, as our market is still surrounded by unstable political issues resulted from the GE14; with the on-going foreign selling, our market is still being pressured to further going down. FKLI tried to rebound to above 1800's on Monday and touched day's high at 1809 but failed to sustain at this level and with the entrance of sellers into the market, our market declined sharply and closed at almost day's low at 1771.

Today, the overnight main indices markets basically closed lower, as White House announced to place tariff on $50 billion worth of China goods which resulted global market fear against the Sino-U.S. trade war.

Today's planning:
Plan A: Consider selling if market trades below 1790, cut above 1795.
Plan B: Attempt buying market declines but still supported well above above 1755, cut below 1750.


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.

 

[Camilly]

31 May 2018 (Thursday)
FKLI
FKLI plunged down for 3.36% resulted by both internal and external issues. Our economy is still surrounded by various of uncertainties and which resulted the continuous foreign selling, in addition with the trade war between U.S. and China. It was recorded as the biggest decline in one single trading day (closed down for 59.5-points at 1711.5), and also recorded a 15-months' new low at 1705.5.

Today, we believe that our market will still under pressure despite the overnight main indices markets were closed higher, as the market is shaken by the cancellation of HSR project between Malaysia and Singapore and the MRT3 project. Hence, fresh traders are advised not to enter to the market at this moment, as the market is already oversold and market could face a risk of rebounds.

Today's planning:
Plan A: Consider selling if market surges but resisted before 1726, cut above 1730.
Plan B: Attempt buying market trades well above above 1708, cut below 1705.

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.

 

[Camilly]

05 JUNE 2018 (Tuesday)
FKLI
FKLI dipped down to 1735 as the profit-taking activities happened upon market opening, ever since the market rebounded from 1713 straightaway to 1748 on last Friday. The market yesterday then continued to surge to weekly's high at 1756 followed with the strong regionals, before it to close at 1748.5, recorded as the third gain in the week. Today, the overnight main indices market basically closed higher, even Dow also closed 0.72% higher, hence we shall see our market to further go higher as well.

Today's planning:
Plan A: Consider selling ONLY if market cannot break above 1756, cut above 1760.
Plan B: Attempt buying if market supported well above 1741, cut below 1738.


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.

 

[Camilly]

06 JUNE 2018 (Wednesday)
FKLI
FKLI declined upon opening before it to hovering between 1740-49 for the whole session, until it followed the strong cash market and rebounded to the peak at 1760 before to settled at weekly's high at 1757.5. Today, the overnight main indices market were closed mix in direction, Dow was closed lower for about 0.06%, hence we may expect our market to follow yesterday's trend and further heading north.

Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1760, cut above 1765.
Plan B: Attempt buying if market supported well above 1745, cut below 1740.

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.

 

[Camilly]

07 June 2018 (Thursday)
FKLI
FKLI continued the surge yesterday, recorded as the fifth rise. Investors started to enter the market, the market yesterday stood firm above support level at 1745 and inching up gradually to closed at weekly's high at 1777. FKLI has been rebounded for 71.5-points or 4.2% from the fifteenth month's low at 1705.5.

Today, the overnight main indices market were closed higher, Dow even closed higher for more than 300-points or 1.4%, hence we may expect our market to continue further heading north.

Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1791, cut above 1795.
Plan B: Attempt buying if market supported well above 1770, cut below 1766.

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.

 

[Camilly]

08 June 2018 (Friday)
FKLI
FKLI recorded as sixth rise as the bull trend is surging, it has about recovered for about 50% of the post-GE falling. However, the market failed to break above the major resistance at 1800 and cash market even closed lower at 1785, pulled back for about 15-points at closing. This somehow shows that the investors are resisted at this level and failed to futher boost the market up.

Today, the overnight main indices market basically closed lower, and if our market fails to break above 1800 today, we may expect a retracement today as the buyers may start to take profit at this point of time.

Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1790, cut above 1795.
Plan B: Attempt buying if market supported well above 1770, cut below 1766.


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.

 

[Camilly]

11 June 2018 (Monday)
FKLI
FKLI ended the seventh consecutive rise on last Friday, as the market refused to break above the major resistance at 1800, resulted the entrance of sellers and profit-taking activities by the buyers, which pressured the market to close down 12.5-points or 0.7%. Today, the overnight main indices market basically closed lower, but Dow closed slightly higher for about 0.30%. Hence, we may expect our market to trade within tight range as the market currently is lack of any direction.


Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1780, cut above 1782.
Plan B: Attempt buying if market supported well above 1770, cut below 1768.


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.

 

[Camilly]

12 June 2018 (Tuesday)
FKLI
FKLI was like riding a roller-coaster yesterday by surging high first then dipping down later, with closing slightly higher for about 3.5-points or 0.2%. As the cash market was struggling between the bull and bear, it opened lower and then surge for almost 10-points gain before it declined to close lower at -2.52-points. We believe this was all resulted by the upcoming summit between the United States with North Korea on today in Singapore, which leaded the traders to stay observe rather than entering into the market.

Today, the overnight main indices market basically closed higher, but somehow we may expect our market to trade between 1770-1790 as within the supports-resistances levels.


Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1790, cut above 1793.
Plan B: Attempt buying if market supported well above 1772, cut below 1768.

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.

 

[Camilly]

13 June 2018 (Wednesday)
FKLI
FKLI once rebounded from 1763 to 1772 yesterday, but still failed to hold above this support level as the bearish signal is too heavy and declined sharply in the final trading hour and closed almost day's low at 1757. The market closed lower for 20.5-points or 1.15%. Today, the overnight main indices market closed mix in direction, markets lack of directions; and if our market could not support above 1770, it may further decline.

Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1770, cut above 1773.
Plan B: Attempt buying if market supported well above 1751, cut below 1747

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.

 

[Camilly]

14 June 2018 (Thursday)
FKLI
FKLI opened lower but surged slightly yesterday as the market was well supported above 1750 and boosted the buyers to enter the market, in which resulted the market to rebound to the peak at 1762.5 before it to close slightly lower at 1761.5, closed higher for about 4.5-points. Today, the Malaysia markets only operates for half trading session as it is the eve of Hari Raya Aidilfitri today, hence we shall expect less volatility today.

Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1770, cut above 1773.
Plan B: Attempt buying if market supported well above 1755, cut below 1750

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.

 

[Camilly]

19 June 2018 (Tuesday)
FKLI
FKLI opened lower and went further lower yesterday upon market opening, as the United States and China again burning each other on the trade war issues and resulting the global fear to be worsen in the markets. Our market closed lower for about 26-pts at day's low 1732.

Today, the global main indices markets are basically closed lower and even the overnight Dow closed lower for 103-pts or 0.41%. Hence, we shall expect that our market too to further declining.


Today's planning:
Plan A: Consider selling if market always trading below 1742, cut above 1745.
Plan B: Attempt buying ONLY if market supported above 1728, cut below 1725

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.

 

[Camilly]

20 June 2018 (Wednesday)
FKLI
FKLI plunged down yesterday and once touched three-weeks' low at 1711 but then closed slightly higher at 1718, closed lower for 14-pts or 0.81%. This declined was solely resulted from the trade war between the two world leading countries: U.S. and China, which resulted the drastically decline in global markets.

Today, the global main indices markets are basically closed lower but with smaller declines if compare to the day before. Our market too had been oversold after the big declines, hence we may expect our market to open lower but to rebound slightly today.

Today's planning:
Plan A: Consider selling if market rebounds but resisted before 1728, cut above 1730.
Plan B: Attempt buying ONLY if market supported above 1708, cut below 1705.

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.