Forum for OSK Futures dealers. Feel free to ask any questions.
Thursday, March 1, 2012
FBMKLCI Futures - Daily Message 1 Mar 2012
FKLI bias stays up and a higher close should keep bias intact. Resistance is now 1580 and thereafter 1590, both a prior short term high and low. The previous resistance levels of 1570 and 1564.5 have now turned support. The longer term trend is neutral to down. Sentiment was upbeat as futures was at premium to cash. The 21 day moving average is now at 1550.
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