Forum for OSK Futures dealers. Feel free to ask any questions.
Tuesday, November 1, 2011
FBMKLCI Futures - Daily Message 1 Nov 2011
FKLI bias stays up and a higher close should keep bias intact. Resistance is now the area of 1500-1505 and followed by uncovered gap of 1532. The broken resistance of 1490 turned into support and then followed by 2-day low of 1475. The longer term trend is neutral to down. Sentiment stayed neutral as futures was priced about fair. The 21 day moving average is now at 1427.
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