Get Ready for KLCI 1000

European market closed at High on Friday Night, US Dow Jones went up 119.23 points. Which would make most traders assume that our KLCI Future will break the 1000 Level on Monday.



Judging by the strong uptrend now, this could happen, however, after breaking the 1000 Level, the CI might soften down a bit to rest and then trade sideways.

Personally I still recommend just buy low and sell high. Long Future when u see the market has gone weak and is going to recover to a Bullish trend, Short when u see the market is exhausted and is going to come down. The MACD & Stokastic is useful as an Indicator.



Watch the Signal Indicators like MACD, Stokastic, Moving Averages and find the Support & Resistance. Personally I use the 5 Min & 15 Min chart for day trade. Daily Chart for Position Trading.



Watch out for Reversal Signal and trade with Caution & Stop loss.

Bullish Day for KLCI, KLCI 1000 points Soon?

Its been a while since my last Posting as I have been busy with trading and preparing for Holidays. Anyway, back to business.


KLCI Futures today has hit a new high for the year 2009 at 989. Another 11 points more and we will see the 1000 Level breakthrought. Every body is bullish about it.




From the Charts, KLSE Futures seems quite strong. There is the 5 Mins charts, 15 Mins and Daily charts all showing an uptrend.




Despite the Bullish trend, I would be cautious when the Stokastic hits 100 and MACD is above 2.3. That is the time when market would slow down for a rest from my observation.

All Moving Average Signals shows that CI Futures is on an Uptrend for now. However, trade with Caution.

Strong Bullish Trend for the Day

KLSE Futures today surprised the market with a 33 Point hike from 880 to 913. Note that 914 is the February highest point before slumping down to the 830 Level when Dow Jones hit 6500.



As I write this blog, Dow Jones is breaking the 8000 point level which is another bullish day for US Market. This no doubt will push KLCI Futures slightly higher tomorrow (Friday, 3rd April 2009). It is also the day when Malaysia's 6th Prime Minister Najib is sworn into office at the Agung Palace tomorrow.



3rd April 2009 will mark a Historical Day for Malaysia. Let's hope KLCI Futures will break into newer highs for this month and break thru 925 tomorrow. Resistance will be at 930.



HSI was up 7.41% with an increase of 1,002 points to 14,521. Good news for those that have
bought Hong Kong Shares like Bank of China, ICBC and Chalco would be very happy tomorow as today the stocks already soared more than 6% averagely.


Remember there are always opportunities in the Stock & Futures Market. Most important is to pick quality shares and buy low sell high. Don't go for those Penny stocks as they are the most riskiest when market collapse. Foreign Funds always go for good Quality Blue Chips, not speculative few day momentum Penny Stocks.

Here are a few active HKSE shares that I always monitor on the Market:

1. Bank of China - HKSE Stock Code 3988
2. ICBC - HKSE Stock Code 1398
3. China Construction Bank CCB - HKSE Stock Code 0939
3. Chalco -HKSE Stock Code 2600

As for US, since they are quite pricy due to the USD Exchange Rate, CitiGroup would be a good buy if it ever goes down to USD1 again.

Hopefully, by Friday 5:15p.m. KLSE Futures Spot Month would have break 925 by then. Have a good trade and a good weekend.