***** 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: Aug 11, 2008

Monday, August 11, 2008

5:19 pm - Daily Pivot for 12 Aug 2008

For FKLI




For FCPO


5:16 pm - FKLI recover higher to close 1124.0


Volume is low !

4:34 pm - FKLI finally breakdown to 1118


4:09 pm - FKLI has no big players to push up the market.


11:57 am - FKLI is ready to break out 1132


It is running on premium now over cash market.

9:57 pm - FKLI broken out 1125 and reversed at 1133.5

FKLI is trending up.

9:19 am - DJIA has broken out 11700


However, volume for breakout is not convincing.

9:16 am - FKLI need to break and close above 1126


Else it is likely to form a double top at 1124/1125.