Forum for OSK Futures dealers. Feel free to ask any questions.
Wednesday, January 4, 2012
FBMKLCI Futures - Daily Message 4 Jan 2012
FKLI bias stays up and a close higher should keep bias intact. Resistance is still 1530, not too far from the high of Friday and yesterday and followed by 1541. Support is not the area of 1515-1518, yesterday's morning gap and thereafter 1507. Sentiment turned up as futures was priced a wide premium to cash. The longer term trend is neutral to down. The 21 day moving average is now at 1485.
No comments:
Post a Comment