5:18 pm - Trading Pivot for 11 June 2008

For FKLI

For FCPO

5:16 pm - A bearish pattern - Bearish Engulfing Pattern for FKLI

Let's see if FKLI can break 1200 support level or monthly S3 @ 1198

3:10 pm - FKLI indeed break below 1210 after lunch !

Our short recommendation is on 1206 as FKLI is testing 1205 for the 3rd time. GO SHORT !

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12:36 pm - FCPO moving sideway due to weak Malaysian Palm Oil Berhad Report (MPOB)

Output is up (+9.8%) , inventory is up (+6.9%) but export is down (-5.5%) by MPOB.

12:30 pm - FKLI looking to break lower after lunch !

Let's see if it is true ! Else the FKLI market is ranging !

10:21 am - Support @ 12,300 now becomes a resistance for DJIA

10:13 am - FKLI hit low at 1206 and S1 @ 1205.

High of 1219.5 and low of 1206 means the daily range has been ranged.

9:27 am - FKLI is moving sideway for the time being !

News from Reuters is indicating M'sia is going under high inflation due to oil price hike.