Tuesday, October 20, 2009

US Dow Jones Break 10,100 Resistance and KLCI Futures will break 1270


Following the positive financial results from Apple and Texas Instruments that blew pass the analyst expected results, US Dow Jones went up as high as 10117.96 to close at 10092.19. Market seems quite bullish as even now US DJ Futures is up.

For those of you that's trading Futures, this weeks there will be almost 125 S&P 500 Companies making releasing their financial results, which majority will blew past expectation.


KLCI & KLCI Futures Chart is currently at its highest since it hit 800 points. Market is very bullish but beware of peaked signals and profit taking. There will no doubt be some slight profit taking, put a Profit Trailing Stop. Go in again then MACD and Stokastic signals are confirmed.





1 comment:

Kristoffer said...

Is it possible that we are going towards better times? Or are these report only a hitch