5:31 pm - FKLI selldown as most players do not like to carry over the holiday.

However, there was a last min push to 1503.0

3:18 pm - FCPO has broken new high at 3204

An opportunity to go long here !

12:40 pm - My newsletter recomendation goes for LONG position at 1507

Let's see if it will hit 1507 today and closed above or at 1507.

No tradeguider signal so far.

You have to trade based on pattern or other signals e.g. breakout or dips.

12:29 pm - FCPO is hitting new high today at 3189

IF FPCO is hitting new high, our KLCI will run away too. So does our FKLI.

FKLI has broken through 1499/1500. It hits 1501.5 high.

11:44 am - FCPO is congesting around 3156/3187

11:22 am - FKLI cannot break 1499 and thus, form a double top

This looks like an short opportunity. What is the current major trend ? Do not fight the major trend.

Let's wait for the next test for 1499 again.

10:45 am - FKLI is going to test 1499/1500 for the 2nd time

Will it succeed ! Maybe. Let's see !

10:00 am - DJIA broken the major support and heading downtrend

Cash is down - 7 pts but FKLI is holding nicely at 1489/1490.

The FKLI has had a good run to the top. The last high at 1499. It takes a lot of volume to break thru 1499/1500 again. The FKLI market may congest/ go sideway and maybe retrace back.

The market need to consolidate first as a lot of players are taking profits.