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.