Futures Kuala Lumpur Index (FKLI)

[Camilly]

19 July 2018 (Thursday)
FKLI
FKLI continued to surge and closed at the peak at 1759, which was also the monthly's high. The market followed the strong KLCI and inching up, the KLCI has been closing at day's high for four session consecutively, and recorded as eighth rose consecutively. FKLI has been increased for 70.5-pts or 4.18% in July, for only 13 trading days! Today, the global overnight main indices markets generally closed higher, hence we may foresee our market to continue the surge.

Today's planning:
Plan A: Consider selling ONLY if market resisted before 1760, cut above 1763.
Plan B: Continue buying if market supported well above 1748, cut below 1745.


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 July 2018 (Friday)
FKLI
FKLI ended fifth rose consecutively as it was closed lower for 2.5-pts at 1756.5 yesterday due to the profit taking activities by the traders. The market has surged to the peak at 1768 in just nine trading days, accumulated increment for more than 100-pts or 6.09%; which shown the overbought signal. Today, the global overnight main indices markets generally closed lower, even Dow closed lower for almost 150-pts or 0.53%, hence we may expect to see some retrace in our market, be it a correction or really a down trend?

Today's planning:
Plan A: Consider selling ONLY if market resisted before 1757, cut above 1760.
Plan B: Continue buying if market declines but still supported above 1734, 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.

 

[Camilly]

23 July 2018 (Monday)
FKLI
FKLI was like riding on a roller-coaster on last Friday whereby it went below the support level at 1750 and hovered between 1740-50 for almost whole trading, until the final trading hour whereby the market surged and closed at 1759, closed higher for about 2.5-pts.

Today, the global overnight main indices markets generally closed lower, thus we may expect a lower opening in our market.

Today's planning:
Plan A: Consider selling if market trades below 1759.5, cut above 1763.
Plan B: Continue buying if market declines but still supported above 1743, 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.

 

[rawrschach]

What's the volume like on this? Do you trade Singapore as well? Could you post a screenshot of the depth of market?

 

[Camilly]

24 July 2018 (Tuesday)
FKLI
FKLI opened lower yesterday although it still stood firm above support levels at 1743-40, whereby the day's low at 1746.5; and the market then gradually inching up to the peak at 1765.5 before it to close slightly lower at 1760.5.

Today, the global overnight main indices markets generally closed lower, thus we may expect a lower opening in our market.

Today's planning:
Plan A: Consider selling if market resisted before 1765.5, cut above 1770.
Plan B: Continue buying if market consistently trade above 1753, 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]

What's the volume like on this? Do you trade Singapore as well? Could you post a screenshot of the depth of market?

Hello~ the market volume for this market is normally not much, like less than 10k daily. I am looking into Malaysia markets and Hong Kong's HSI, not trading for Singapore market

 

[Camilly]

25 July 2018 (Wednesday)
FKLI
FKLI continued its gains yesterday but traded in a very narrow range throughout the day, the daily fluctuation was only 8.5 points, and ended slightly higher at 1762, recording a 3-days consecutive days rise. Today, the global overnight main indices markets are generally closed higher, thus we may believe that our market will gain further today.

Today's planning:
Plan A: Consider selling if market resisted arond 1768, cut above 1773.
Plan B: Attempt buying if market always trading above 1756, cut below 1752.


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]

26 July 2018 (Thursday)
FKLI
FKLI although broke the important resistance point of 1768 yesterday, but market cannot maintain above the level due to lack of buying power. FKLI started to decline in the afternoon session and closed at 1763, which can be seen that buyers are not willing to entry the market aggressively. Today, the movement of global overnight main indices markets are mixed, but US Dow Jones Indices has rose 172 points or 0.68%, thus we shall see a higher open in our market today.

Today's planning:
Plan A: Consider selling if market moving up but cannot breach above 1770, cut above 1775.
Plan B: Attempt buying if market always trading above 1760, cut below 1756.


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]

27 July 2018 (Friday)
FKLI
FKLI opened higher and surged, but declined and closed at 1765 as the profit-taking activities after the market peaked at 1773; the market closed slightly higher for about 2-pts. The market overall is still showing a bull signal, but the strength of the signal has been weakened days by days and it shown that the buyers are reluctant to enter the market at this level, thus the market is now facing some risks of retracement. Today, the movement of global overnight main indices markets are mixed, thus we shall expect a market correction today but what comes after, we shall wait and see.

Today's planning:
Plan A: Consider selling if market trades consistently below 1770, cut above 1773.
Plan B: Attempt buying if market fails to break below 1761, cut below 1757.


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 July 2018 (Monday)
FKLI
FKLI opened lower but went higher on last Friday, it once tumbled down to 1759.5 but then supported around this level and recovered gradually and closed at almost day's high at 1769.5, closed higher for about 4.5-pts.

Today, the movement of global overnight main indices markets are generally closed higher, except for Dow Jones which closed slightly lower for about 0.3%. Hence, we may expect some correction today before a clearer market signal to be shown.

Today's planning:
Plan A: Consider selling if market trades consistently below 1770, cut above 1773.
Plan B: Attempt buying if market declines but fails to break below 1759.5, cut below 1755.


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 July 2018 (Tuesday)
FKLI
FKLI recorded as seventh rise consecutively yesterday despite it was traded in very tight range as the market is lack of booster to further surge up.

Today, the movement of global overnight main indices markets are generally closed lower and our market too failed to break above the resistance at 1773, hence we may expect some correction today.

Today's planning:
Plan A: Consider selling if market trades consistently below 1770, cut above 1773.
Plan B: Attempt buying if market declines but fails to break below 1759.5, cut below 1755.

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]

01 August 2018 (Wednesday)
FKLI
FKLI continued to surge yesterday followed with the strong recovery on KLCI which closed at day's high at 1784.25, closed higher for 13.99-pts or 0.8%. The FKLI for July contract settled high at 1779 on the last day of July, and it has recorded a total increment of 90.5-pts or 5.36% for the whole month, and also it has recorded as the longest climbs ever for the most recent four-years.

Today, the movement of global overnight main indices markets are generally closed higher, hence we may expect the market to continue to be bullish.

Today's planning:
Plan A: Consider selling if market surges but resisted below 1790, cut above 1793.
Plan B: Attempt buying if market trades 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.

 

[Camilly]

02 AUG 2018 (Thursday)
FKLI
FKLI continued to surge yesterday followed with the recovery movement from KLCI, which hovering around the closing price on Tuesday (1784-1785), until it lastly closed at day's high at 1788.31. The FKLI opened higher and surge a little higher yesterday but traded within tight range despite it closed slightly higher for 4.5-pts at 1783.5.

Today, the movement of global overnight main indices markets are generally closed lower despite the bullish signal is slightly clearer, hence we advised fresh traders to be cautious and enter the market with contingency plan to avoid unnecessary losses.


Today's planning:
Plan A: Consider selling if market surges but resisted below 1790, cut above 1793.
Plan B: Attempt buying if market trades above 1779, cut below 1774.


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]

03 August 2018 (Friday)
FKLI
FKLI opened higher but declined badly yesterday, ended its nineth rise consecutively, partially resulted by the news of the hawkish rate hikes released by the Fed and the growing trade friction between China and the United States have been suppressed. The Fed released yesterday that it will continue to raise interest rates twice this year, and the US plans to levy a value of 200 billion US dollars imported from China, which leading the FKLI to decline and closed lower for 12-pts or 0.67% at 1771.5, recorded as the biggest decline in a single trading day for a month!

Today, the movement of global overnight main indices markets are generally closed lower, thus we may expect some correction on the market before a clearer signal to be shown.

Today's planning:
Plan A: Consider selling if market trades below 1777, cut above 1780.
Plan B: Attempt buying if market fails to break below 1760, cut below 1756.


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 August 2018 (Monday)
FKLI
FKLI was like riding on a roller-coaster on last Friday whereby it dropped rapidly to weekly's low at 1766 right after high opening and then followed the strong KLCI to gradually inching up to day's high at 1781.5 before it slightly closed lower at 1774.5, closed higher for about 3-pts. From this movement, we can see that the market is actually still lack of catalyst as the market surged too rapidly despite the overall big trend is still bullish. The buyers seems to be reluctant to enter at this level and resulting the market to tangle between 1760-1780, supported and resisted at the same time.

Today, the movement of global overnight main indices markets are generally closed higher, but we may expect to see some correction on the FKLI today.


Today's planning:
Plan A: Consider selling if market trades below 1780, cut above 1783.
Plan B: Attempt buying if market well supported at 1766, 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.