Friday, May 22, 2009

MarketWrap : reenergize to new highs..


After dancing around 1030 for most part of the day, FKLI decided to head higher after Europe mkts rebounds 1% and DJ futs positive performance in late Asian hours.

Technically, klci.fkli. a very bullish intra-day action amid a closing above 1040 on a weekly basis- meaning the mkt is in good position for more gains next week towards 1100.
For the week, MAy09 +38, KLCI +31.

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