Monday, January 30, 2012

FBMLCI Futures - Daily Message 30 Jan 2012


FKLI bias is mildly weak after the weak close Friday.
However, a close back above 1523 should restore the upward bias. Further support is at 1515.
Strong resistance remains at 1530, and followed by last week's intraday high of 1536.50.
The longer term trend is neutral to down.
The 21 day moving average is now at 1519.

R1/1530 R3/1536.5 R3/1541
S1/1523 S2/1515 S3/1510

No comments:

Post a Comment