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.