Futures Kuala Lumpur Index (FKLI)

17 May 2019 (Friday)
FKLI

FKLI closed lower as the profit-taking activities took place and ended the consecutive rises. The market traded in tight range for most of the time yesterday and supported well above 1600's until it then tumbled with the cash market to lowest at 1592.5 and closed at 1596, closed lower for 8.5-pts or 0.53%.

Today, majority of global overnight main indices markets were generally closed higher, even Dow too closed higher for more than 200-pts or 0.84%. Thus, we may expect the market to hover around the support level at 1600's.

Today's planning:
Plan A:
Consider selling if market resisted before 1600, cut above 1604.
Plan B: Attempt buying if market holds firm above 1600, cut below 1595.

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 May 2019 (Friday)
FKLI

FKLI dived and surged yesterday following the movement in the cash market. The market opened flat at 1601 and dived down to 1590.5 before it then recovered earlier's losses and tipped at 1604. It then stayed flat and hovering between 1597-1600 until it closed flat at 1601.5.

Today, majority of global overnight main indices markets were generally closed lower, even Dow too closed lower for more than 200-pts or 1.11%. Hence, we may expect a lower opening today.

Today's planning:
Plan A:
Consider selling if market resisted before 1601, cut above 1605.
Plan B: Attempt buying if market trades firmly above 1590, cut below 1587.


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 May 2019 (Monday)
FKLI

FKLI closed slightly lower and ended the third rise consecutively. The market opened at day's low at 1595.5 on last Friday and then rebounded rapidly to the peak at 1606.5, followed with the recovery in the cash market. The market then supported firm above 1600 and closed at 1600.5, closed slightly higher for 1 point.

Today, majority of global overnight main indices markets were generally closed higher, even Dow too closed higher near 100-pts or 0.37%, hence we may expect FKLI to stand firm above 1600's today.

Today's planning:
Plan A:
Consider selling if market resisted before 1600, cut above 1605.
Plan B: Attempt buying if market trades firmly above 1600, cut below 1595.

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 May 2019 (Tuesday)
FKLI

FKLI recorded as the second decline session in a row as closed slightly lower yesterday, despite it was traded within tight range as the market is lack of new catalyst apart from the trade war. The market opened at the peak at 1603.5 and declined rapidly to 1595 before it then consolidated and closed at 1598, closed lower for 2.5-pts or 0.16%.

Today, majority of global overnight main indices markets were generally closed higher, while Dow was closed for the Memorial Day. Let's see if the market today be able to sustain above the supports at 1600.

Today's planning:
Plan A:
Consider selling if market resisted before 1600, cut above 1605.
Plan B: Attempt buying if market trades firmly above 15950, cut below 1590.5.

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.
 
29 May 2019 (Wednesday)
FKLI

FKLI closed higher near 1% at weekly's high as it successfully supported above 1600, despite the lowest point of the day was 1599. The market ended the day at 1612, closed higher for 14-pts or 0.88%.

Today, majority of global overnight main indices markets were generally closed lower, even Dow too declined for more than 200-pts or 0.93%. Hence we may expect some retracement in FKLI today.

Today's planning:
Plan A:
Consider selling if market does not break above 1612, cut above 1615.
Plan B: Attempt buying if market trades firmly above 1600, cut below 1595.

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 May 2019 (Thursday)
FKLI

FKLI continued the uptrend and surged higher yesterday as the market successfully supported above the support level at 1600. The market opened at 1608.5 and declined to 1604.5 before it then surged to the peak at 1622.5 and declined at two weeks' high at 1619.5, closed higher for 7.5-pts or 0.47%.

Today, majority of global overnight main indices markets were generally closed lower, even Dow too declined for more than 200-pts or 0.87%. Hence we may expect some retracement in FKLI today.

Today's planning:
Plan A:
Consider selling if market resisted before 1619, cut above 1623.
Plan B: Attempt buying if market declines but still supported above 1612, cut below 1609.

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 May 2019 (Friday)
FKLI
FKLI continued to surge yesterday as it recovered previous losses and tipped at three weeks' high, recorded as the third rise session in a row. The market opened slightly lower at 1616.5 and bottomed at 1616 before it then rapidly rebounded and breakthrough the resistance level at 1622.5 and boosted buyers' entries into the market. The market closed at its peak at 1637, closed higher for 17.5-pts or 1.08%.

Today, majority of global overnight main indices markets were generally closed higher, even Dow too closed higher for 43-pts or 0.17%. Hence, we may expect a flat opening in FKLI today.

Today's planning:
Plan A:
Consider selling if market does not break above 1637, cut above 1640.
Plan B: Attempt buying if market declines but still supported above 1625, cut below 1621.

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 June 2019 (Monday)
FKLI

FKLI continued to surge to seven weeks' high on last Friday, and closed at 1645 for the June contract. The market opened at 1635 and dived to 1629 before it then had a rapid surge to 1647 and closed at 1645.5, closed higher for about 9-pts or 0.55%.

Today, majority of global overnight main indices markets were generally closed lower, even Dow too tumbled for 354-pts or 1.41%. Hence, we may expect some correction in FKLI too.

Today's planning:
Plan A:
Consider selling if market does not break above 1647, cut above 1651.
Plan B: Attempt buying if market declines but still supported above 1629, cut below 1625.

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 June 2019 (Tuesday)
FKLI

FKLI continued to rally to two months' high and recorded as the fifth rise consecutively. The market opened at 1641.5 and dived to 1638 before it hovering around 1640's until it rallied at the last trading hour and closed at 1650, closed higher for 8.5-pts or 0.52%, with the peak at 1650.5.

Today, majority of global overnight main indices markets were generally closed higher, except Dow Jones which closed flat. Hence we may expect not much movement from FKLI today as it is only half day today due to the eve of Hari Raya and off for another two days for Hari Raya.

Today's planning:
Plan A:
Consider selling if market does not break above 1650.5, cut above 1655.
Plan B: Attempt buying if market supported above 1640, cut below 1637.

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 June 2019 (Friday)
FKLI

FKLI ended the consecutive rises as it closed slightly lower on the eve of Hari Raya whereas the investors grabbed their profit before the long holidays. The market opened at 1652.5 and tipped at 1653 on Tuesday, before it then steadily decline to the lowest at 1641.5 and closed at 1644, closed lower for 5.5-pts or 0.33%.

Today, majority of global overnight main indices markets were generally closed higher, even Dow too closed higher near 200-pts or 0.71%, hence we may expect FKLI to continue to rebound.

Today's planning:
Plan A:
Consider selling if market does not break above 1653, cut above 1656.
Plan B: Attempt buying if market supported above 1644, cut below 1640.

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 June 2019 (Monday)
FKLI

FKLI continued to trade within range and closed higher on last Friday as followed with the positive regional markets. The market opened at 1644 and dived to 1640 before it then slowly inching up to the peak at 1652 and closed at 1650.5, closed higher for 6.5-pts or 0.40%.

Today, majority of global overnight main indices markets were generally closed higher, even Dow too closed higher for 263-pts or 1.02%, hence we may expect FKLI to continue to surge.

Today's planning:
Plan A:
Consider selling if market does not break above 1653, cut above 1657.
Plan B: Attempt buying if market supported above 1646, cut below 1641.

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 June 2019 (Tuesday)
FKLI

FKLI continue the surge to go higher yesterday as followed with the positive global markets, partially due to the ease of the conflict between U.S. and Mexico. The market opened at the peak at 1656.5 and hovering above the support level at 1650 before it closed at 1654.5 at day end, closed higher for 4-pts or 0.24%.

Today, majority of global overnight main indices markets were generally closed higher, even Dow too closed higher for 78-pts or 0.30%, hence we may expect FKLI to continue to go further higher.

Today's planning:
Plan A:
Consider selling if market surges but resisted before 1664, cut above 1667.
Plan B: Attempt buying if market well supported above 1654.5, cut below 1650.

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 June 2019 (Wednesday)
FKLI

FKLI had a mild correction and closed lower yesterday partially resulted from the profit-taking activities as the market had already accumulated a surge of near 100-pts or 5.3%. The market opened at the peak at 1656.5 and moved within range until it had a rapid decline in the last trading hour to the lowest at 1646.5 and closed at 1648.5, closed lower for 6-pts or 0.36%.

Today, majority of global overnight main indices markets were generally closed higher, except for Dow which closed flat. Thus, we may expect FKLI may open flat today as well.

Today's planning:
Plan A:
Consider selling if market resisted before 1654, cut above 1657.
Plan B: Attempt buying if market well supported above 1641, cut below 1638.

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 June 2019 (Friday)
FKLI

FKLI opened lower and dived lower as followed with the weak regional markets. The market opened at 1651 and tipped at 1651.5 before it then steadily inching down to the low of 1639 and closed at 1642.5, closed lower for 10-pts or 0.6%.

Today, majority of global overnight main indices markets were generally closed higher, even Dow Jones too closed higher for 100-pts or 0.39%. Hence we may expect FKLI to open a little higher today.

Today's planning:
Plan A:
Consider selling if market failed to breach above 1651.5, cut above 1655.
Plan B: Attempt buying if market always trading above 1642.5, cut below 1638.

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 June 2019 (Tuesday)
FKLI

FKLI closed slightly higher yesterday by erased previous losses. The market opened at 1635.5 and dived to 1633.5 before it then steadily inching up to the peak at 1643. The market then retraced due to profit-taking activities and closed at 1638, closed higher for 2-pts or 0.12%.

Today, majority of global overnight main indices markets were generally closed higher, even Dow too closed higher for 22-pts or 0.09%. Hence, we may expect the market to open a little higher today.

Today's planning:
Plan A:
Consider selling if market always resisted around 1643, cut above 1646.
Plan B: Attempt buying if market failed to break below 1633.5, cut below 1630.

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 June 2019 (Wednesday)
FKLI

FKLI was stranded between 1640-1645 for almost the full session, until it followed the cash market and surged to the peak at 1651 before it then slightly corrected and closed at 1647, closed higher for 9-pts or 0.55%.

Today, majority of global overnight main indices markets were generally closed higher, even Dow too closed higher for more than 350-pts or 1.35%. Hence, we may expect the market to open higher today and may continue to surge.

Today's planning:
Plan A:
Consider selling if market surge but resisted before 1655, cut above 1658
Plan B: Attempt buying if market supported well above 1647, cut below 1643.

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.
 
20 June 2019 (Thursday)
FKLI

FKLI surged for about 1% to three months' high as followed with the positive regional markets, as Trump announced that he will be meeting President Xi at next week G20's summit and this resulted the market's expectation that there may be an agreement made for the trade war. The market opened at 1655.5 and dived to 1653 before it then steadily inching up to the peak at 1669 and closed at 1668.5, closed higher for 21.5-pts or 1.3%.

Today, majority of global overnight main indices markets were generally closed higher, Dow too closed higher for 38-pts or 0.15%. Hence, we may expect the market to open higher today.

Today's planning:
Plan A:
Consider selling if market surge but resisted before 1688, cut above 1690.
Plan B: Attempt buying if market supported well above 1658, cut below 1653.


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 June 2019 (Tuesday)
FKLI

FKLI was almost traded with no volatility yesterday despite it slightly closed higher as it was traded within 1674 to 1679.5 for the whole session. Although FKLI has already closed higher for four consecutive sessions, but the buyers in the market are still actively entering the market as the global markers are still reacting positively.

Today, majority of global overnight main indices markets were generally mixed in direction, and Dow too only closed higher for 8-pts or 0.03%. Hence, we may expect a flat opening today.

Today's planning:
Plan A:
Consider selling if market surge but resisted before 1688, cut above 1692.
Plan B: Attempt buying if market supported well above 1669.5, cut below 1666.

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.
 
26 June 2019 (Wednesday)
FKLI

FKLI closed slightly higher despite it was traded within tight range yesterday. The market opened at 1675.5 and dived to 1671 before it then consolidated and closed near to the peak at 1677.5, closed higher for 0.5-pts while the peak was at 1678.

Today, majority of global overnight main indices markets were generally closed lower, even Dow too closed lower for 179-pts or 0.67%. Hence we may expect FKLI to open lower today.

Today's planning:
Plan A:
Consider selling if market resisted before 1680, cut above 1683.
Plan B: Attempt buying if market supported well above 1671, cut below 1668.

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 June 2019 (Thursday)
FKLI

FKLI continued to consolidate within tight range but ended the seventh consecutive rise as it closed slightly lower yesterday. The market opened at 1674 and was stagnant for almost the full session where it only traded within 1672.5 to 1677, until it then closed at 1674.5, closed lower for 3-pts or 0.18%.

Today, majority of global overnight main indices markets were generally closed lower, Dow too closed lower for 11-pts or 0.04%. Hence we may expect a flat opening in FKLI today.

Today's planning:
Plan A:
Consider selling if market resisted before 1678, cut above 1681.
Plan B: Attempt buying if market supported well above 1671, cut below 1668.

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.
 
Top