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Friday, August 15, 2008

5:17 pm - Trading Pivot for 18 Aug 2008

For FKLI



For FCPO

5:13 pm - Be ready for a downtrend market !



That is for next week !

2:39 pm - Going short at 1094.0 for adding 2nd batch.


Assuming you short at 1104 for your first batch.

10:04 am - It is important that DJIA does not break the uptrend channel 11,500


9:48 pm - FKLI has formed a double top at 1114/1115


That's the end of the long trade and it is time to cut loss and turn short at 1104.0

Thursday, August 14, 2008

4:50 pm - FKLI is really choppy today !


Down and up with cash market in negative area. FKLI is reacting to higher DJIA futures +31 pts.

9:18 am - FKLI going long today !


Despite DJIA dropping, FKLI did not drop at all.

Tuesday, August 12, 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.

Friday, August 08, 2008

6:02 pm - Trading Pivot for 11 Aug 2008



For FKLI




For FCPO


5:50 pm - FKLI closed with COG.


While KLCI close to lower end, FKLI is ready to break higher with a COG.

9:08 am - DJIA has formed a triple top and it takes volume to break 11,650 level.


9:05 am - FKLI gap down but go up again.


There is strength in the downbar. Long at 1116