Wednesday, December 22, 2010

FBMKLCI Futures - Daily Message


Bias has turned up and close above 1514 should keep bias intact.
Further resistances at 1517, 1523 and 1530.
Given strong move yesterday, supports are far below. Possibly at 1510, 1502, then 1489. 1485 should be an important support.
Again, price should go higher given the daily long white candle.
21 day moving average is at 1501.

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