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Monday, January 17, 2011
FBMKLCI Futures - Daily Message 17 Jan 2011
FKLI bias is still up and a close above 1573 should keep bias intact. Support is around 1566 - 1564, where price found support several times in the past week. But a close below 1566 may turn bias down. Further supports possibly at 1560 and then 1555, last week's low. Resistance is still 1576 and a good break should see it closing above 1580. Sentiment stayed firm as futures again priced rich. 21 day moving average is now at 1537.
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