Futures Kuala Lumpur Index (FKLI)

This is a discussion on Futures Kuala Lumpur Index (FKLI) within the Futures & Options forums, part of the Markets category; 07 February 2018 (Wednesday) FKLI FKLI tumbled yesterday, sluggish by the U.S. Dow Jones Index plunged more than thousand of ...

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Old Feb 8, 2018, 12:55am   #41
Joined Nov 2017
Camilly started this thread 07 February 2018 (Wednesday)
FKLI

FKLI tumbled yesterday, sluggish by the U.S. Dow Jones Index plunged more than thousand of points which caused Asian markets panic selling. FKLI fell 61.5 points or 3.3% in the early trading session yesterday, recording its largest intraday decline in nearly six-and-a-half years. However, FKLI rebounded slightly and closed at 1810 at the evening trading session, down 38 points compare with Monday closing price. The market is still in the bull market, the declined of these few days can be regarded as a normal technical retracement, and U.S Dow Jones Index also stop falling yesterday, expected buyers will look for the bargain-hunting opportunities at this level.

Today's planning:
Plan A: Consider selling if market moving-up but failed to break above 1817, cut above 1820.
Plan B: Attempt buying if market supported well above 1800, cut below 1798.


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.
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Old Feb 8, 2018, 1:36am   #42
Joined Nov 2017
Camilly started this thread 08 February 2018 (Thursday)
FKLI

FKLI had a strong recovery yesterday for about 1.3%, as Dow rebounded strongly for about 600-points in the night market. Our market yesterday hiked to the peak at 1834.5 right upon opening, then stay traded within tight range until closing. This is far enough to prove that both buyers and sellers are reluctant to enter to the market as they found no direction in the market, thus all traders are advised to think thoroughly before to enter the market.

Today's planning:
Plan A: Consider selling if market is resisted at 1834.5, cut above 1836.
Plan B: Attempt buying if market supported well above 1824, cut below 1821.

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.
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Old Feb 9, 2018, 1:29am   #43
Joined Nov 2017
Camilly started this thread 09 February 2018 (Friday)
FKLI

FKLI traded in tight range yesterday, between 10-points range, which proven there is no direction indicated for both buyers and sellers. But today, we shall see drastic movement in our market, as the overnight Dow stumbled for more than 1000-points as the U.S. stocks plunged into a correction on concern that rising interest rates will drag down economic growth.


Today's planning:
Plan A: Consider selling if market opens below 1826, cut above 1830.
Plan B: Attempt buying if market supported well above 1806 and reboudns, cut below 1803.


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.
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Old Feb 19, 2018, 1:44am   #44
Joined Nov 2017
Camilly started this thread 19 February 2017 (Monday)
FKLI

FKLI only traded half day on last Thursday due to the Chinese New Year holiday, it opened at 1835, lowest went to 1832.5 and then closed at day's high at 1839.5, it was flattened as most of the traders refuse to enter the market for the long holidays. Today, main indices night markets are all rising positively, while Ringgit also slightly strengthened at RM 3.89 against the greenback, we shall see a higher opening in our market as well.

Today's planning:
Plan A: Consider selling if market moving-up but failed to break above 1849, cut above 1851.
Plan B: Attempt buying if market supported well above 1836, cut below 1834.


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.
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Old Today, 1:47am   #45
Joined Nov 2017
Camilly started this thread 22 February 2018 (Thursday)

FKLI

FKLI was like riding roller-coaster yesterday, it only climbed back yesterday followed with the strong recovery from Hang Seng Index which accumulated increment of 2%. FKLI opened by day's low at 1850 and hiked up to 1862.5 in the morning session, and then dipped down to 1851.5 in the afternoon session before it gradually came up to close at 1859.5. Today, Dow night market closed at -0.67% or down 166 points, we shall see a lower opening in our market.

Today's planning:
Plan A: Consider selling if market always trading below 1860, cut above 1863.
Plan B: Attempt buying if market retraced and supported well above 1851, cut below 1848.


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.
__________________
Futures make us rich
Camilly is offline Trading Strategy Services   Reply With Quote
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