Forum for OSK Futures dealers. Feel free to ask any questions.
Monday, October 31, 2011
FBMKLCI Futures - Daily Message 31 Oct 2011
FKLI bias stays up after higher close and a higher close is needed today to keep bias intact. Resistance is now Friday's high of 1490 followed by high of 16 Aug of 1505. Support is Friday's low of 1476 and the uncovered gap at 1457. The longer term trend is neutral to down. Sentiment was neutral as futures was priced about fair. The 21 day moving average is now at 1424.
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