Futures Kuala Lumpur Index (FKLI)

02 January 2018 (Tuesday)

FKLI

FKLI settled at 1779 on the last trading day on 2017, followed with the strong surge on cash market which settled at 1796.81. FKLI itself surged for 147.5 or 9.04% throughout 2017. Based on the trend recently, our market is still showing bull trend, but however the surge was too strong due to the window dressing effect, market is somehow slightly overbought now, thus buyers are advised to think twice before entering the market.

Today's planning:
Plan A: Attempt selling if market fails to break above 1789.5, cut above 1792.
Plan B: Attempt buying if market supported well 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.
 
03 January 2018 (Wednesday)

FKLI

FKLI opened lower but surged higher and closed at the peak, which is the highest point the the most recent six-months. Although the market slightly declined upon opening by dipping down to 1779.5, but it surged and closed at 1794, by following the positive regional markets. Buyers are entering the market aggressively despite the overbought signal, which continues to bull the market. We shall wait and see today if the buyers willing to enter the market and boost the market to break above 1797.5.

Today's planning:
Plan A: Attempt selling if market fails to break above 1797.5, cut above 1800.
Plan B: Attempt buying if market supported well above 1786, cut below 1784.

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 January 2018 (Thursday)

FKLI

FKLI continues to surge and breakthrough new high for these recent 2.5 years, it touched 1807.5 yesterday but slightly declining as buyers took their profit and market closed at 1799.5. Market has been rebounded since a month ago, from 1707.5 to yesterday's closing, total accumulated increment of almost 100 points or 5.39%, the market is now overbought, but the bull is still strong.

Today's planning:
Plan A: Attempt selling if market fails to break above 1805, cut above 1808.
Plan B: Attempt buying if market supported well above 1800, cut below 1797.

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 January 2018 (Monday)
FKLI

FKLI continues to surge on last Friday, accumulated weekly increment for about 2.5% for last week, with the aggressive entrance by the buyers although the market is already overbought. Today, with the surge on the overnight Dow and regionals, we are waiting to see our market to continue its rally.


Today's planning:
Plan A: Consider selling ONLY if market moving-up further but fails to break above 1830, cut above 1832.
Plan B: Attempt buying if market supported well above 1822, cut below 1820.


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 January 2018 (Tuesday)

FKLI

FKLI continues its rally yesterday, followed with the strong cash market, and it has been the third day it closed at day high. However, fresh buyers are advised not to enter the market at this moment even though the bull is strong now, as the market is now overbought and there may be a risk of unnecessary losses.

Today's planning:
Plan A: Consider selling ONLY if market moving-up further but fails to break above 1840, cut above 1842.
Plan B: Attempt buying if market supported well above 1830, cut below 1828.


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 January 2018 (Wednesday)

FKLI

FKLI ended the rise yesterday by dipping down to 1826 before to close at 1827.5. It climbed to 1845.5 after opening but the fall came right after due to the drop out of buyers. However, the decline is only a normal correction as the buyers chose to grab their profit, as the market is still bullish afterall, and with the increments in the Dow and regional markets, we shall see FKLI to continue further up.

Today's planning:
Plan A: Consider selling ONLY if market moving-up further but fails to break above 1832, cut above 1834.
Plan B: Attempt buying if market supported well above 1828, cut below 1826.


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.
 
11 January 2018 (Thursday)

FKLI

FKLI hiked for about 0.6% to 1839 yesterday, but then retraced to day's low at 1826 before it closed at 1829.5. By looking at these two days' market, we can see that the buyers are reluctant to enter the market at 1830-1840's level, as the overbought signal is way too strong after quick rise in the market. The market has increased for about 7.15% or 122 points of range since early December. Even though the market is still bullish in the big picture, but we believe that the risk of retracing still exists in the market; hence the buyers may wait for the market to stabilise then only decide to buy in again.

Today's planning:
Plan A: Consider selling ONLY if market trades below 1832, cut above 1834.
Plan B: Attempt buying if market supported well above 1826, cut below 1824.


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 January 2018 (Friday)
FKLI

FKLI opened higher at 1831.5 but declining upon opening by dipping down to 1819.5 and then closed at 1824.5. Buyers stills seems reluctant to enter the market, as the risk of market correction still exist.

Today's planning:
Plan A: Consider selling ONLY if market trades below 1830, cut above 1834.
Plan B: Attempt buying if market supported well above 1820, cut below 1817.


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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16 January 2018 (Tuesday)
FKLI

FKLI continued its rally yesterday, it hikes up to 1836.5 upon opening and then retraced slightly and closed at 1831.5, with day's low at 1830.5. Today, Dow had a sharp climb by creating record high, we shall see a higher opening in our market, but traders have to bear in mind that there may be a correction due to the gap after yesterday's market.

Today's planning:
Plan A: Consider selling ONLY if market continues to trade below 1837, cut above 1840.
Plan B: Attempt buying if market supported well above 1830, cut below 1828.


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 January 2018 (Wednesday)
FKLI

FKLI continue closed high yesterday, recorded as three consecutive rise for the week. FKLI declined right after higher opening yesterday by following the cash market, dipping down to 1823 but then rebounded gradually and closed at 1833.5, with contribution strong Hang Seng Index which rose for 588 points or 1.88% within a day. Today, with the mixed movement in main indices in night markets, and Dow which breaks high 26000 but closed below 25800 due to withdrawal of buyers, we shall see a flat opening in our market today.

Today's planning:
Plan A: Consider selling ONLY if market fails to surge above 1834.5, cut above 1837.
Plan B: Attempt buying if market supported well above 1827.5, cut below 1825.


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 January 2018 (Thursday)

FKLI

FKLI again opened lower and went higher yesterday, lowest went to this week's low at 1822.5, then rebounded strongly to day's high at 1835 and then closed at 1833.5, followed with strong Hang Seng Index and Dow. Today, Dow continue to break record's high, closing with accumulated increment for about 1%, we shall see a higher opening today in FKLI; however, there is still a risk of retracement as we can see that the buyers are reluctant to enter the market at 1830's level. Thus, a moderate observation still needed for those who have not enter the market at this level.

Today's planning:
Plan A: Consider selling ONLY if market fails to surge above 1840, cut above 1843.
Plan B: Attempt buying if market supported well above 1828, cut below 1825.


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 January 2018 (Friday)

FKLI

FKLI ended the consecutive four-days rise yesterday, market first opened at 1838 but due to buyers taking profit, market had been declined drastically and closed at day's low at 1821.5. It completely emerges a perfect U-turn, total declining for 17.5 points within a day, this situation is enough to picture that the market is now overbought. Today, Dow retraced from record's high, we shall see that our market will be doing the same by continue to decline.

Today's planning:
Plan A: Consider selling if market stays below 1826, cut above 1828.
Plan B: Attempt buying if market fails to break below 1819, cut below 1817.

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 January 2018 (Monday)

FKLI

FKLI presented a complete U-turn on last Friday: opened high but closed at day's low on Thursday, on the other hand, opened at day's low but closed at almost day's high on Friday. With these two-days total opposite market trend, we can see that the market has no direction at this moment, it has been traded within range, despite the big picture is still a bull; but anyhow, the market is already overbought, hence there is struggle between the traders.

Today's planning:
Plan A: Consider selling if market surges but fails to break above 1839, cut above 1842.
Plan B: Attempt buying if market supported will above 1828, cut below 1825.


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 January 2018 (Tuesday)
FKLI

FKLI did not move much in the morning session yesterday, but climbed rapidly in the afternoon session followed with the cash market, peaked at two-week's high at 1839.5 before closing at 1837.5. Today, night indices market are all rising, where Dow continue to create record high. Despite our market is already overbought, but with the rising night indices market, we shall see more room for it to go higher.

Today's planning:
Plan A: Consider selling if ONLY market surges but fails to break above 1845.5, cut above 1848.
Plan B: Attempt buying if market supported will above 1832, cut below 1830.


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 January 2018 (Wednesday)

FKLI

FKLI continues to rise yesterday for third day consecutively, rebounded for more than 1% from two-weeks' low at 1819.5 to 1840.5 yesterday. Today, mixed signal on Regional indices night market, while Dow closed flat. We shall see if the market would break record new high of 1845.5, despite the market is already overbought; else it might face a risk of retracement.

Today's planning:
Plan A: Consider selling if ONLY market surges but fails to break above 1845.5, cut above 1848.
Plan B: Attempt buying if market supported will 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.
 
25 January 2018 (Thursday)
FKLI

FKLI closed higher yesterday, rebounded from day's low at 1836.5 and then climb steadily to 1843.5 before closing at 1841.5. However, market is still under overbought, hence buyers are advised to be cautious when to enter the market, as the risk of retracement still exists in the market.
*Bank Negara Malaysia will have an announcement today in the afternoon whether to raise interest rates.

Today's planning:
Plan A: Consider selling if ONLY market surges but fails to break above 1845.5, cut above 1848.
Plan B: Attempt buying if market supported will above 1832, cut below 1830.

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 January 2018 (Monday)
FKLI

FKLI finally break above 1850's by recording a new high at 1857.52 on last Friday, before it settled at 1855, this hike is resulted partially of the strengthened Ringgit and regionals. Today, overnight Dow rose more than 200 points, we shall see a higher opening in our market as well; but however, buyers are advised to be cautious as the market is still overbought.


Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1858.5, cut above 1860.
Plan B: Attempt buying if market supported well above 1844, cut below 1842.


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 January 2018 (Tuesday)
FKLI

FKLI continues to record new high at 1871.5 yesterday before it closed at 1870, with the contribution from regionals and strong cash market. Sellers has no strengthen to press the market down as the buyers are so strong to boost into the market. However, buyers are advised to be cautious as the market is still overbought, and thus the risk of retracement is still there for the market.

Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1873.5, cut above 1875.
Plan B: Attempt buying if market supported well above 1857, cut below 1855.

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 February 2018 (Friday)
FKLI

FKLI ended the consecutive climbs by closing lower on last Tuesday. The market declined upon opening by dipping down to day's low at 1861 and then rebounded to peak of these recent 3.5 years at 1872.5 before closing at 1869. Today, regional and night indices market majorly declining, but our market is still a bull, despite it is overbought. Hence, fresh buyers are advised to be cautious before entering to the market as the risk for retracement is slightly bigger than previous.

Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1870, cut above 1873.
Plan B: Attempt buying if market supported well above 1861, cut below 1859.

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.
 
06 February 2018 (Tuesday)

FKLI

FKLI continues to plunge yesterday for more than 1% to 1842.5, and rebounded to close at 1848, followed the dive in Dow. Today, main indices continues to dive with Down plunges for 4.6%, we shall see a further drop in our market as well.

Today's planning:
Plan A: Consider selling if market always trading below 1848, cut above 1852.
Plan B: Attempt buying if market supported well above 1827, cut below 1825.

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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