Futures Kuala Lumpur Index (FKLI)

25 October 2018 (Thursday)
FKLI

FKLI surged then declined yesterday, reversed all the gains in the first session for more than 1% gains as followed with the regional markets. The market first surged to the peak at 1707.5 as the buyers boosted their entry at low price. However the market then plunged and closed at almost day's low at 1686, closed lower for 4-pts or 0.2%. The market touched to the three-months' low at 1684.5 yesterday.

Today, the movement of global overnight main indices markets continued to close lower, even Dow was tumbled down for more than 600-pts or 2.41%! Hence we continue to watch our market to slide today.


Today's planning:
Plan A: Consider selling if market stays below 1686, cut above 1690.
Plan B: Attempt buying if market declines but supported firm above 1663, cut below 1660.

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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26 October 2018 (Friday)
FKLI

FKLI dipped down for more than 1% to three-months' low at 1665.5 as the overnight Dow Jones plunged down for more than 2% and resulted a huge losses for the global markets. However, the FKLI then recovered rapidly as the buyers boosted their entries at low price and leaded the market to surge and closed at day's high at 1696, recorded to close higher for 10-pts or 0.6%, ended the fifth decline sessions in a row!

Today, the movement of global overnight main indices markets were generally closed higher, the overnight Dow was even rebounded and closed higher for more than 400-pts or 1.63%! Thus, we may expect the market to continue rebound and may be to break above the major resistance at 1700 again.

Today's planning:
Plan A: Consider selling if market resisted before 1700, cut above 1703.
Plan B: Attempt buying if market supported firm above 1690, cut below 1687.

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.
 
29 October 2018 (Monday)
FKLI

FKLI opened lower and further declined on last Friday as it failed to follow the recovery in the overnight markets as the market is a little negative towards the 2019 budget which is soon to be announced on the 02nd of November. The market opened at almost day's high at 1692 on last Friday but gradually declined and closed at almost day's low at 1675, which accumulated a total decline of 20.5-pts or 1.2% for the full session.

Today, the movement of global overnight main indices markets were generally closed lower whereby the overnight Dow Jones too closed lower for almost 300-pts or 1.19%. However the current global indices are rebounding, hence we may expect some rebounds in FKLI too.

Today's planning:
Plan A: Consider selling if market recovers but fails to break above 1694, cut above 1696.
Plan B: Attempt buying if market supported firm above 1681, cut below 1677.

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.
 
30 October 2018 (Tuesday)
FKLI

FKLI rebounded yesterday as the buyers entered although it was traded in tight range as the market is now waiting for this coming Friday for the announcement of the Malaysia Budget 2019. The market was hovering around 1685 for almost all day, with peak at 1692.5 and closing at 1689.

Today, the movement of global overnight main indices markets were generally closed higher, except Dow which erased the 1.5% gains from the opening to close lower for 245-pts or 0.99%, hence we may expect some lower opening today.

Today's planning:
Plan A: Consider selling if market stays below 1692.5, cut above 1696.
Plan B: Attempt buying if market supported firm above 1680, cut below 1677.


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.
 
31 October 2018 (Wednesday)
FKLI

FKLI followed the positive regional markets and once it broke above the major resistance level at 1700 but failed to sustain above this level and retraced to close lower for 2-pts at 1687. This was partially due to the lack of new booster into the market as well as the market is awaiting for the-budget day.

Today, the movement of global overnight main indices markets were generally mixed in direction with Dow rose for than 400-pts or 1.77%. Thus, we may expect the market to open higher today.

Today's planning:
Plan A: Consider selling if market surges but resisted before 1700, cut above 1703.
Plan B: Attempt buying if market supported firm above 1688, cut below 1685.

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 Novmber 2018 (Thursday)
FKLI

FKLI surged for more than 1% and succeeded in breaking through the major resistance level at 1700 as followed with the strong KLCI and regional markets whereby the overnight Dow surged for more than 400-pts. The market opened high at 1696.5 and surged higher after it retraced to lowest at 1692 due to the profit-taking activities. Then the market recovered well and closed at 1708.5, closed higher for 21.5-pts or 1.3%.

Today, the movement of global overnight main indices markets were rose in big scale whereby the Dow too rose for 241-pts or 0.97%, hence we may expect our market to continue to surge higher too.

Today's planning:
Plan A: Consider selling if market surges but resisted before 1720, cut above 1723.
Plan B: Attempt buying if market supported firm above 1700, cut below 1696.


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 November 2018 (Friday)
FKLI

FKLI traded in tight range and closed slightly lower for 0.5-pts at 1704.5 as it failed to move along with the positive regional markets, due to the local investors are all awaiting for the Budget-day. The market once surged to weekly's high at 1713.5 but then gradually declined as the profit-taking activities took place in the market and leaded the market to close at 1704.5 after it dipped down to 1701.

Today, the movement of global overnight main indices markets continued to surge with the Dow too rose for 265-pts or 1.06%. Thus, we may expecting another surge in our market too today.


Today's planning:
Plan A: Consider selling if market surges but resisted before 1720, cut above 1723.
Plan B: Attempt buying if market supported firm above 1700, cut below 1696.

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 November 2018 (Monday)
FKLI

FKLI finally breakthrough 1720's though it still closed below it at 1718. The market jumped higher with a gap to open at 1713 but gradually decline with a correction to 1706 before it gap up again in the second session to open at 1714 and surged to the peak at 1723. The market then closed higher for 13.5-pts or 0.79% at 1718.

Today, the movement of global overnight main indices markets generally closed lower with the overnight Dow closed lower for more than 100-pts or 0.43%. Hence, we may expect our market to open lower and may moving flat today as it is a public holiday for the Malaysia markets due to the festive season of Deepavali tomorrow.


Today's planning:
Plan A: Consider selling if market surges but resisted before 1729, cut above 1732.
Plan B: Attempt buying if market supported firm above 1713, cut below 1709.

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.
 
07 November 2018 (Wednesday)
FKLI

FKLI tumbled down on Monday upon cash market opening as the short-selling in Genting took place which resulted the market to decline from 1718 to 1701 before it hovered between 1701-1710 for the whole day until it closed at 1704, which was closed lower for 14-pts or 0.81%. The market is still supported well above 1700's despite it is now showing a slight selling signal, thus investors are advised to be extremely alert with the market movement with addition of two major activities which could bring huge impact to the markets: one is the midterm election in the United States and another one is the New Economy Forum which gathers the several world leaders in Singapore right now.

Today, the movement of global overnight main indices markets generally closed higher with Dow closed higher for more than 150-pts or 0.68%, hence we may expecting a higher opening in our market too.


Today's planning:
Plan A: Consider selling if market surges but resisted before 1709, cut above 1714.
Plan B: Attempt buying if market supported firm above 1697, cut below 1693.

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 November 2018 (Thursday)
FKLI

FKLI opened high and surged higher but it was lack of direction as the market was eagerly waiting for the U.S. midterm election result. The market opened at 1706.5 yesterday and surged to the peak at 1717 and then it tumbled down to below 1710 before it slightly rebounded and closed at 1715.5, total increment of 11.5-pts or 0.67% for the full day trading.

Today, the movement of global overnight main indices markets generally closed higher with Dow closed higher for more than 500-pts or 2.13% as the midterm election resulted came out as per expected and eased the market uncertainties. Hence we may expecting a higher opening in our market too.

Today's planning:
Plan A: Consider selling if market surges but resisted before 1736, cut above 1740.
Plan B: Attempt buying if market supported firm above 1717, cut below 1714.


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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09 November 2018 (Friday)
FKLI

FKLI continued to surge as the U.S. midterm election resulted was as per expected and it helps to ease the market uncertainties. The market first opened high with a gap at 1728.5 and peaked at 1729 as followed with the strong regional markets. Then the market gradually declined as the profit-taking activities took place and closed resulting the market to close at 1720, closed slight higher for 4.5-pts or 0.3%.

Today, the movement of global overnight main indices markets generally mixed in direction, with Dow closed slightly higher for 10-pts or 0.04%. Hence we may expect FKLI to be traded within tight range today.


Today's planning:
Plan A: Consider selling if market stays below 1726, cut above 1729.
Plan B: Attempt buying if market supported firm above 1718.5, cut below 1715.


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 November 2018 (Monday)
FKLI

FKLI failed to further surge on last Friday as the market declined followed with the weak global markets, as affected by the news of U.S. is hinted for an interest rate hikes next month. FKLI opened at day's high at 1720 then declined steadily to the low at 1704.5 before it closed at 1709, closed lower for 11-pts or 0.6%.

Today, the movement of global overnight main indices markets generally closed, even the overnight Dow too closed lower for more than 200-pts or 0.77%, thus we may expect the market to further decline as well.

Today's planning:
Plan A: Consider selling if market stays below 1712, cut above 1716.
Plan B: Attempt buying if market supported firm above 1701, cut below 1698.


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.
 
13 November 2018 (Tuesday)
FKLI

FKLI continued to further declined yesterday despite it was hovering around the psychological level at 1700. The market then broke below 1700 in the second session and further pressure the market to two weeks' low at 1689 before it closed lower for 18-pts or 1.05% at 1691.

Today, the movement of global overnight main indices markets generally closed lower, even the overnight Dow too closed lower for more than 600-pts or 2.32%, thus we may expect the market to further decline as well.

Today's planning:
Plan A: Consider selling if market stays below 1691, cut above 1695.
Plan B: Attempt buying if market supported firm above 1680, cut below 1677.

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.
 
14 November 2018 (Wednesday)
FKLI

FKLI erased the 1% losses from the opening and closed slightly higher yesterday as followed with the recovery in the regional markets. Our market was affected by the "Black Monday" in U.S. as opened lower at 1677, once it dipped down to three weeks' low at 1673.5, and then gradually rebounding and closed at almost day's high at 1693, closed slightly higher for 2-pts.

Today, the movement of global overnight main indices markets generally mixed in direction, the overnight Dow was closed lower for more than 100-pts or 0.40%, hence we may expect FKLI to open lower today.


Today's planning:
Plan A: Consider selling if market stays below 1693, cut above 1695.
Plan B: Attempt buying if market supported firm above 1685, cut below 1682.

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.
 
15 November 2018 (Thursday)
FKLI

FKLI could not continue the surge from Tuesday and went lower yesterday as the regional markets were weak. The market traded within tight range yesterday after it opened lower at 1687 then declined to 1677.5 before it rebounded to 1688.5 as followed with the recovery in the cash market in the second session. The market then closed lower for 10-pts or 0.6% at 1683.

Today, the movement of global overnight main indices markets generally closed lower, even Dow too closed lower for more than 200-pts or 0.81%, recorded as the fourth decline session in a row. Hence we may expect our market to further decline too.

Today's planning:
Plan A: Consider selling if market stays below 1685, cut above 1689.
Plan B: Attempt buying if market declines but still supported firm above 1673.5, cut below 1670.

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 November 2018 (Friday)
FKLI

FKLI rebounded fiercely as the regional markets were rebounding. The market opened at day's low at 1680 then it surged to the peak for this week at 1719.5 then declined to below 1700 as the profit-taking activities took place and then stranded within this level until it closed at 1699.5, closed higher for 16.5-pts or 1%.

Today, the movement of global overnight main indices markets generally mixed in direction with the overnight Dow erased the losses and closed higher for 200-pts or 0.83%, hence we may expect the market to further going higher today.

Today's planning:
Plan A: Consider selling if market keeps resisted below 1700, cut above 1705.
Plan B: Attempt buying if market well supported firm above 1700, cut below 1695.

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 November 2018 (Monday)
FKLI

FKLI continued to surge on last Friday despite it was traded within tight range for the whole day as the market is lack of a good catalyst. The market successfully supported above the psychological support level at 1700 as it opened slightly higher at 704.5 then peaked at 1711 before it declined and closed higher for 505-pts or 0.3% at 1705 due to profit-taking activities.

Today, the movement of global overnight main indices markets generally mixed in direction with the overnight Dow continued to close higher for 100-pts or 0.49%, hence we may expect the market to open flat today.

Today's planning:
Plan A: Consider selling if market keeps resisted below 1710, cut above 1713.
Plan B: Attempt buying if market well supported firm above 1700, cut below 1695.

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.
 
21 November 2018 (Wednesday)
FKLI

FKLI was like riding on a roller-coaster on Monday as it gap up in opening and peaked at 1712, then declined to 1701 due to some profit-taking activities. The market then rebounded and closed at almost day's high at 1711.5 followed with the recovery in KLCI, closed higher for 6.5-pts or 0.38%, with the peak at 1713.

Today, the movement of global overnight main indices markets were closed lower, even Dow was tumbled for almost thousand points or 3.73% for these two days, hence we may expect the FKLI to further decline today.

Today's planning:
Plan A: Consider selling if market keeps resisted below 1700, cut above 1705.
Plan B: Attempt buying if market well supported firm above 1700, cut below 1695.

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 November 2018 (Thursday)
FKLI

FKLI tumbled for more than 1% as the regional markets were all badly down. US Dow Jones had plunged for almost thousand points in these two days as the market was awfully affected by the free falling oil prices which had already tumbled for more than 6%. Our market opened below the major psychological level (1700) at 1692, then it declined to this week's low at 1686 before it rebounded to the peak at 1698.5 due to some profit-taking activities and then it closed at 1693, closed lower for 18.5-pts or 1.08%.

Today, the movement of global overnight main indices markets were closed higher despite Dow was closed flat. Hence, we may expect FKLI to have some rebounds today.

Today's planning:
Plan A: Consider selling if market keeps resisted below 1700, cut above 1705.
Plan B: Attempt buying if market well supported firm above 1693, cut below 1690.


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 November 2018 (Friday)
FKLI

FKLI slightly closed lower although it tried and brokethrough above 1700 to 1702.5, but still the market was under selling pressure and declined to closed lower for 1-pts at 1692 due to no direction.

Today, the movement of global overnight main indices markets were closed lower, except U.S. markets which are closed for Thanksgiving Day. We shall continue to monitor if the market today be able to break above 1700's or still back into consolidation.

Today's planning:
Plan A: Consider selling if market keeps resisted below 1700, cut above 1705.
Plan B: Attempt buying if market well supported firm above 1687, cut below 1684.


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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