***** Next Master the Markets Foundation Course 1.5 days - Sept 14-15, 2009. Call Dolly at 03 4252 4149 to enroll ! ***** The Importance of Being A "Honest" Trader :-) martin_tf_wong@hotmail.com: Jun 9, 2008

Monday, June 09, 2008

5:39 pm - Trading Daily Pivot - 10 June 2008



For FKLI PP




For FCPO PP


5:31 pm - KLCI is forming saucer shape - Bullish pattern !

Crude oil is down to USD 136 and DJIA futures is up +50 pts. pointing to higher closing of DJIA tonite.

5:29 pm - FKLI close with a full body !


FKLI is bullish !

3:47 pm - My newsletter call for LONG position @ 3674

FCPO is testing to break 3700 for the 4th time (EOD chart) around and second time for today ! If FCPO break above 3700, it is not coming back !




Most clients are in around 3674.

3:39 pm - It does not matter KLCI wud close. It all determine on DJIA closing tonite !


As long as KLCI does not close lower than 1214.0. The FKLI will gap up or down pending on DJIA. Do not keep overnite position !

2:04 pm - Tradeguider : Strength coming in for FKLI on last Friday


Watch out ! FKLI wants to go higher on the daily EOD basis.

11:24 am - FKLI is moving sideways.


The range of the day have been used up between 1203/1216.0

9:15 am - DJIA break past major support 12,300.

This does not look good for DJIA in the short term.

8:58 am - FKLI gap down almost -25 pts due to heavy DJIA fall last Friday !


FKLI uptrend status is stalled. FKLI is likely to move sideway or downward. Intraday can go LONG !