Futures Kuala Lumpur Index (FKLI)

26 September 2018 (Wednesday)
FKLI

FKLI continue to further decline yesterday despite it traded within tight range. The market opened at almost day's low at 1788.5 but then it surged rapidly followed with KLCI and peaked at 1797 before it declined gradually and closed lower for 2-pts at 1791.

Today, the movement of global overnight main indices markets were generally closed higher but Dow was closed lower for 70-pts or 0.26%, hence we may still expect our market to trade below 1800's.


Today's planning:
Plan A: Consider selling if market keeps trading below 1800, cut above 1803.
Plan B: Continue buying if market well supported above 1787, cut below 1784.5.

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.
 
27 September 2018 (Thursday)
FKLI

FKLI ended second decline session in a row by recovering well from one week's low as followed with the positive KLCI. The market opened slightly higher at 1791 then climbed steadily to the peak at 1799 before it closed higher for 6-pts or 0.3% at 1797.

Today, the movement of global overnight main indices markets were generally mixed in direction, Dow was closing lower for almost 100-pts or 0.4%, hence we may still expecting FKLI to trade below 1800's.

Today's planning:
Plan A: Consider selling if market keeps trading below 1800, cut above 1803.
Plan B: Continue buying if market well supported above 1788, cut below 1784.5.


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.
 
28 September 2018 (Friday)
FKLI

FKLI once surged above the major resistance level at 1800 but failed to hold above this level and dipped down to 1788 before it closed at 1790, closed lower for 7-pts or 0.38%,

Today, the movement of global overnight main indices markets were generally closed higher, with Dow closed higher for 0.21%. Hence we may expect a higher opening in our market later.

Today's planning:
Plan A: Consider selling if market keeps resisted before 1800, cut above 1803.
Plan B: Continue buying if market well supported above 1788, cut below 1784.5.

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.
 
01 October 2018 (Monday)
FKLI

FKLI despite opened gap up on last Friday, but the market still failed to break above the major resistance level at 1800, by reaching highest at 1798.5 and then gradually declining and settled at almost day's low at 1792.5, closed lower for 0.1%.

Today, the movement of global overnight main indices markets were generally closed lower, despite Dow closed higher for 18-pts or 0.07%. Hence we need to monitor if the market be able to break above 1800's, else it will be consolidating again.

Today's planning:
Plan A: Consider selling if market keeps resisted before 1800, cut above 1803.
Plan B: Continue buying if market well supported above 1792, cut below 1787.

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.
 
02 October 2018 (Tuesday)
FKLI

FKLI continued to consolidate yesterday as it was traded within tight range between 1795-1802, and recorded to close higher for 3.5-pts at 1798.5. The market is actually lack of booster to lead the market go higher, hence resulted the market to hover around the major resistance level at 1800.

Today, the movement of global overnight main indices markets were generally closed higher, even Dow also closed higher for almost 200-pts or 0.73%. Hence we need to monitor if the market be able to break above 1800's, else it will be consolidating again.

Today's planning:
Plan A: Consider selling if market keeps resisted before 1800, cut above 1803.
Plan B: Continue buying if market well supported above 1792, cut below 1787.


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.
 
03 October 2018 (Wednesday)
FKLI

FKLI despite opened high at 1801.5 yesterday but it failed keep it above this level as the market gradually declining. The market did try to rebound the second time but it only peaked at 1800.5 and again declining further in the afternoon session to day's low at 1791 before it to close lower at 1791.5. Obviously the market is started to weaken now as it fails after so many attempts in rebounding.

Today, the movement of global overnight main indices markets were generally closed lower, except for Dow which closed higher for more than 120-pts or 0.46%. Hence if the market still fails to surge higher today, we believe the bear is planning to wake up from its hibernating anytime soon.

Today's planning:
Plan A: Consider selling if market keeps resisted before 1801, cut above 1804.
Plan B: Continue buying if market well supported above 1784, cut below 1780.

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.
 
04 October 2018 (Thursday)
FKLI

FKLI continued in consolidation and was traded in very tight range yesterday as the market is lack of catalyst. The market actually opened high yesterday and broke above the major resistance level at 1800 but still it failed to sustain above this level and continued to consolidate within the day range of 1795.5-1801, which was only 5.5-pts for the whole day. The market then closed higher for 7-pts at 1797.5.

Today, the movement of global overnight main indices markets were generally closed higher, even Dow also closed higher for 54-pts or 0.20%. Hence we shall monitor if the market be able to break above and sustain above 1800's.

Today's planning:
Plan A: Consider selling if market keeps resisted before 1800, cut above 1803.
Plan B: Continue buying if market well supported above 1795, cut below 1790.

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.
 
05 October 2018 (Friday)
FKLI

FKLI had been trying to break above and to be sustained above 1800's but buyers were reluctant to further enter at this level and resulted a pressure to the market when they exited at this level. Hence leave the market stranded between 1790-1800. However, the market finally broke through this tight range and closed at day's low at 1785.5 yesterday.

The market opened lower and went lower yesterday as it opened at almost day's high at 1797 but closed at day's low at 1785.5, closed lower for 12-pts or 0.67%, followed with the weak regionals as Hang Seng Index was tumbled down for more than 500-pts or 1.73% and Dow too declined for more than 100-pts.

Today, the movement of global overnight main indices markets were generally closed lower, even Dow also closed lower for more than 200-pts or 0.75%. Hence our market would have continued declining as well.

Today's planning:
Plan A: Consider selling if market trades below 1792, cut above 1795.
Plan B: Continue buying if market fails to break below 1780, cut below 1776.

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.
 
08 October 2018 (Monday)
FKLI

FKLI continued to decline on last Friday as it opened at almost day's high at 1783 but closed at almost day's low at 1775.5, closed lower for 10-pts or 0.6%. This was partially resulted from the increment in US Treasury yield to seventh year's high as the yield of government bonds rises, it will reduce investors' interest in investing in the markets.

Today, the movement of global overnight main indices markets were generally closed lower, even Dow also closed lower for almost 200-pts or 0.68%. Hence our market would have continued declining as well.


Today's planning:
Plan A: Consider selling if market trades below 1792, cut above 1795.
Plan B: Continue buying if market fails to break below 1780, cut below 1776.

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.
 
09 October 2018 (Tuesday)
FKLI

FKLI once dipped down to three weeks' low at 1766.5 but then rebounded to the tip at 1778 as followed with the strong recovery in KLCI, before it was pressured down by sellers to closed slightly lower for 3-pts at 1772.5.

Today, the movement of global overnight main indices markets were generally closed lower, except Dow which recovered steadily at the final two hours to closed higher for 40-pts or 0.15%, hence we may expect some rebounds today.

Today's planning:
Plan A: Consider selling if market trades below 1778, cut above 1780.
Plan B: Continue buying if market fails to break below 1766.5, cut below 1763.

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.
 
10 October 2018 (Wednesday)
FKLI

FKLI continued to further decline and recorded as the fourth decline session in a row, despite the level of decline is getting lesser compare to the three days before as it was only closed slightly lower for 0.5-pts at 1772, consider to be well supported above supports levels of 1767-64.

Today, the movement of global overnight main indices markets were generally closed higher, except Dow which closed slightly lower for 56-pts or 0.21%, hence we may expect some rebounds in our market today.

Today's planning:
Plan A: Consider selling if market trades below 1778, cut above 1780.
Plan B: Continue buying if market fails to break below 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.
 
Last edited:
11 October 2018 (Thursday)
FKLI

FKLI continued to further decline and recorded as the fifth decline session in a row, where the market peaked at 1709 and then plunged down to 1732.5. This was mainly because from the weak KLCI where the Telekom Malaysia and other telco counters were having a sharp decline.

Today, the movement of global overnight main indices markets were generally closed lower, even Dow tumbled for more than 800-pts or 3.15%, hence we may expect the market to further decline today.

Today's planning:
Plan A: Consider selling if market trades below 1744, cut above 1749.
Plan B: Continue buying if market tests and rebounds from 1712, cut below 1708.

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.
 
12 October 2018 (Friday)
FKLI

FKLI once tumbled for almost 3% to three months' low at 1686 due to both external and internal influences: worsen scenario of Sino-U.S. trade war and interest hikes in U.S. ; and the new tax policy by the Malaysia government to refill the national debt created new uncertainties to affect the investors. The market once tumbled for 52-pts to the low at 1686 and then gradually recovered and closed at 1706 due to profit-taking activities, closed lower for 31-pts or 1.78%.

Today, the movement of global overnight main indices markets were still tumbled down, with Dow plunged for 545-pts or 2.13%, hence we may expect the market to further decline today.

Today's planning:
Plan A: Consider selling if market trades below 1744, cut above 1749.
Plan B: Continue buying if market tests and rebounds from 1712, cut below 1708.

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.
 
16 October 2018 (Tuesday)
FKLI

FKLI failed to continue to up-trend from Friday despite the market rebounded to the peak at 1738 yesterday from day's low of 1722, but the market still pressured down the sellers to close lower for 4.5-pts or 0.3% at 1728.5.

Today, the movement of global overnight main indices markets were mixed, Dow was closed lower for 89-pts or 0.35%, hence we may expect our market to open a little higher today.

Today's planning:
Plan A: Consider selling if market trades firmly below 1738, cut above 1741.
Plan B: Attempt buying if market well supported above 1722, cut below 1718.

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.
 
17 October 2018 (Wednesday)
FKLI

FKLI closed higher for 7.5-pts or 0.4% at 1736, as followed with the steady recovery in KLCI which closed at day's high and regional markets. FKLI opened higher and surged higher yesterday despite it once turned into negative by dipping down to 1726 but then it gradually recovered and closed at almost day's high at 1736 where the peak was 1737.

Today, the movement of global overnight main indices markets were closed higher, even Dow was surged for more than 500-pts or 2.17%. Thus, FKLI could have open higher and surge higher as well.

Today's planning:
Plan A: Consider selling if market surges but fails to breka above 1748, cut above 1750.
Plan B: Attempt buying if market well supported above 1738, cut below 1735.


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.
 
18 October 2018 (Thursday)
FKLI

FKLI opened higher but went lower yesterday as it gapped up in opening with the strong overnight markets to the peak at 1749.5, but then it failed to sustain and then gradually declined and closed slightly higher for 1-pts at 1737 due to the selling pressure.

Today, the movement of global overnight main indices markets were generally lower, even Dow too was closed lower for almost 100-pts or 0.36%, hence we may expect a lower opening today.

Today's planning:
Plan A: Consider selling if market trades below 1749.5, cut above 1752.
Plan B: Attempt buying if market well supported above 1733.5, cut below 1730.


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.
 
19 October 2018 (Friday)
FKLI

FKLI failed to continue the strong surge from Wednesday and it closed lower for 1.5-pts yesterday at 1735.5, although it was almost flat for the whole session as the market is waiting for the press release of 11th Malaysia Plan by the leaders.

Today, the movement of global overnight main indices markets were generally closed lower, even Dow too was closed lower for 327-pts or 1.27%, hence we may expect the market to further decline today.

Today's planning:
Plan A: Consider selling if market trades below 1737, cut above 1740.
Plan B: Attempt buying if market well supported above 1726, cut below 1722.


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.
 
22 October 2018 (Monday)
FKLI

FKLI tumbled down for 23.5-pts or 1.35% to 1712 upon market opening, but then it recovered most of its losses as followed with the recovery in KLCI and closed at almost day's high at 1730.5, closed slightly lower for 5-pts or 0.3%.

Today, the movement of global overnight main indices markets were generally closed lower, despite Dow which closed higher for 64-pts or 0.26%, hence, we may expect the market to continue decline today.

Today's planning:
Plan A: Consider selling if market trades below 1731, cut above 1735.
Plan B: Attempt buying if market well supported above 1722, cut below 1719.


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.
 
23 October 2018 (Tuesday)
FKLI

FKLI was ignoring the greens in Dow and regional markets as it opened lower and declined further to be recorded as the third decline session in a row. The market stayed between 1720-1728 for the most of the time until the final trading hour where it broke below 1720 and closed at 1719, with day's low of 1718, recorded as closed lower for 11.5-pts or 0.66%.

Today, the movement of global overnight main indices markets were generally closed lower, even Dow too closed lower for 126-pts or 0.50%, hence we may continue to watch our market to decline today.


Today's planning:

Plan A: Consider selling if market trades below 1720, cut above 1724.
Plan B: Attempt buying if market fails to break below 1712, cut below 1708.

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.
 
24 October 2018 (Wednesday)
FKLI

FKLI recorded as the fourth decline consecutively as it tumbled for almost 2% yesterday as followed with the weak regional markets due to several reasons: trade war disputes, stress in between U.S. and Saudi Arabia, Brexit talk, rates hike in U.S. and etc which added more and more uncertainties to the global markets. The market gap down in opening at 1710 and then continued to decline and closed at day's low at 1690, closed lower for 29-pts or 1.69%, recorded as the first time in these three-months to close below the supports level at 1700.

Today, the movement of global overnight main indices markets continued to close lower, despite Dow which recovered for more than 500-pts of losses and closed lower for 125-pts or 0.5%, hence we may expect some technical rebounds today.

Today's planning:
Plan A: Consider selling if market rebounds but resisted before 1700, cut above 1704.
Plan B: Attempt buying if market fails to break below 1690, cut below 1686.

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.
 
Last edited:
Top