Thursday, May 14, 2009

KLCI Futures Testing 1000 Support

Its been a few days since I last update this Blog.. The KLSE & KLCI Futures Index has been trading Side ways daily and is now beginning to trending down.



KLCI Futures is now at MACD Cross and is beginning to show signs of weakening and might start to trend down.. Lowest for KLCI Futures today was 1002.50, Closing at 1003 today.

Should US market goes down more than 100 points tonight. Tomorrow KLCI Futures might open lower than 1000. Should KLCI Futures goes below 1000, we might be looking at 970 Support Level for the Mid Term. Monitor the MACD and Stokastic.


Monitor your trades closely and put stop losses. I am now mostly at OSK Investment Bank in my Futures Trading Room most of the time during market hours. Feel free to call me at +6016-8864229 for any inquiries.

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