Fcpo wrap....not only upper band, also near major resistance

-late buying activities in the last 15 mins push fcpo from 3780-3810 as tech outlook improves further in PM.

-fcpo may catch up with strong commodity tone after a disappointing Jan for bulls, targeting long range 4000. At least to test recent highs near 3900. Support is raised to 3700 from 3600.

Fkli wrap...for a change....first tech +ve in 10-day

-early selling till like 9.30am, mostly comeback activities after 1500, around 100SMA, holds as support twice this week.

-despite early fear, mkt is technically +ve today and signals readiness to bounce. First big white body candlestick in 10-day. Ultimate target is 1540+…after CNY the earliest.

-fkli is set to re-test 1520-25 resistance lvl on Wed. Must stay above major support of 1500.

Morning start....fkli weak 1505+ fcpo firm 3700-20

Egypt concerns escalate to global equity mkts., -1% to -2%. Safe haven up, GOLD +2%. CO +6% on worries over transportation of oil as Egypy runs between Suez canal and Mediteranean sea and the spreading of protest to oil producing countries.

8.20
-DJ futs -60. Regional -1.5%.

FKLI
-seen taking 1500-1510 range , knee jerk under 1500 today for Jan contract. Feb will take discount tone if fbm < 1510 as fear of a breakdw under 1500.

FCPO
-SO +0.5% but wonder whther can fcpo test strong resistance, 3740+, amid bearish equity tone. Fair seen at 3700-20. Above 3700 is +ve. Below 3700, targert 3670+ today

Fcpo wrap....missing direction...in the making..

- 3700 looks like a war zone and battle still ongoing….everything in middle grounds. So, relax and enjoy CNY first.

- bulls survive another attempt at 3680 support in afternoon amid weak equity spillover sentiment. But , like Thus, SO gains continue to lend bulls a hand

- fcpo stays within Thu’s range, meaning another neutral outlook, 3600-3800 big sideways range. Immediate breakout range is 3650-3720.

Fkli wrap...fear of breakdw prevails.....tech -ve 2nd week

-bearish finish on late selling activities as DJ futs -20 , Europe -1%. Regional also weak and very cautious from get go following a sharp drop in energy/metal prices.

-back home, technically below 1520 means 1490-1500 short term target. Fkli fails to reverse previous week momentum and a closing under 20 for the week means another leg dw.

-fbm resilient but bearish till it regains back above 1530.

Morning start...fkli firm 1523-25 fcpo strong 3700-20

-DJ +4. bulls and bears battling at 2 1/2 highs. Strong earnings give bulls incentives but so-so job/housing data, picking up but slow pace give bears reason to bet on "too much" Europe mixed, flat.

8.30
-DJ futs -12. Regional marginally lower, -0.2%. Commodity mostly lower. CO -1.5% GOLD losses it shine, -2%.

FKLI
-w/o external help, fbm.fkli look vulnerable to selling. fkli seen at lower band of 20-25 till fbm makes a move. fbm -ve intra day if < 1525, targeting 20. Upside if any , seen cap at 30 both

FCPO
-SO +1.3%. Another gap opening, gap up, just like Thu's scenario. Fcpo seen regaining back above 3700 with another attempt an 3700-3740 range again after missing the same target yesterday. No major breakout seen today.

Fcpo wrap....bulls & bears fighting for remote control

-firmer within 3710-20 in a very quiet AM. Major activities starts in PM as technical bears launches attack at 4 pm, the first and last attack for the day after 3700 support broken. The assault lasted for like 1 hour.

-but SO +ve net gains provide moral support for bulls to fight back from –ve territory. I guess everyone is just content with a sideways mkt, 3600-3750, till after CNY.

-SO sharply off AM's highs, from near +2% to +0.5% in mid PM as US$/Euro surges against the yen after S&P dwgraded Japan’s long term debt. Since recover back to +1% in late PM.

Fkli wrap..minor recovering....still in bears cave

-rebound mode but no strong bullish tone, unsurprising. FBM laying flat near 26 most of the day, with 30 a tough nut to crack as externals gets weaker over time .

-Standard & Poor’s on Thursday ( late PM) cut Japan’s long-term sovereign-credit rating.

-Analyst says no new news….Japan long long time bankrupt ! ( if company rules apply) DJ futs , Europe not affected. Commotity kneejerk sell amid strong US$ against yen. DJ futs -12 , Europe -0.2% in late Asian hours.

-fbm.fkli is likely to stay -ve, under 7SMA , this week. Good enough for bulls if 20 can hold. If so, 20-35 range.

Morning start...fkli firm 1523-25 fcpo strong 3710-20

-DJ +8, with the Dow and S&P finishing at their highest levels since the summer of 2008, after the Fed kept rates steady and left its bond-buying plan alone. Europe +1%

8.30
-DJ futs +1. Regional near +1%. Commodity strong rebound, +1 to +2%.

FKLI
-firmer on expectation that fbm will test 25 resistance again on rebound tone, > 1520, amid +ve external. with major target seen near 40 this week. Below 20 would likely to see immediate follow through selling towards 10 today.

FCPO
-SO +2%, back to this week upper band ( so far), 3690-3740 but unlikely to take out major resistance lvl today, just alternating between support-resistance and wait for next day.

Fcpo wrap....bulls survive scare but defensive

- Selloff in grains product today. Fcpo opens RM70-gap dw but immediately stage a rebound, with one attempt at 3700 in early PM session but tough luck. Just gap closing and bears resume their selling.

- Still a good day for bulls as fcpo bounces high above 3620 critical support lvl

- Danger of a breaddw under 3600. if fcpo stays below 3700. or below SMAs , risking towards 3450.

Fkli wrap..happy ending for bulls...can expect more bounce..

-sharply off lows thanks to huge kneejerk under 1520 in early trading, giving the impression of strong bargain at the lower end. Crazy swing in the first 10mins or so, then recovery tone, with the help of stronger external.

-HS +50, SH +1%, DJ futs +30, Europe +1% in late Asian hours, encourage fkli to do premium despite fbm 20-toppish outlook in PM session.

-tech remains bearish but further bounce likely in the coming days if can sustain > 20, targeting 1540+

Morning start....fkli soft 1520-23 fcpo weak 3670-90

-DJ -3, Europe -0.5% amid weaker UK 4Q10 GDP . But, off lows amid strong US earnings.

8.30

-DJ futs -3. Regional, mixed, somewhere between plus and minus 0.5%. Commodity class mostly lower. CO -1.5%

FKLI
-at the mercy of Fbm, near 20-25 range b4 fbm opens with cautious tone. 1520 is the next major support for both fbm.fkli. Below 1530, chart is bearish. A bounce, if any, targert 35+.

FCPO
-SO -1.5%. looks like a bear day. 3650-3700 range if fcpo opens under 3690. Testing uptrend support scenario.

Fcpo wrap....holding quite well actually....dark cloud looms

-not much to read into today, practically sideways to dwward-bias but a consolation for bulls too as 3700 holds


- bulls can only be hopeful if > 3720, otherwise bears are in control despite maintaining an uptrend outlook

Fkli wrap...hell feeling for bulls....tech bearish

-looking worse everyday on internal driven momentum. Even DJ +100 gains fail to spark buying. Maybe no buyers amid talk of foreign selling and mixed regional, especially selling in emerging countries like Thai. Indo recently and stock mkt-induce riot in Dhaka or ahead of CNY holiday.

- This 5-day losing streak , -50,.almost wipe out a hard fought 2-week gain in beginning of the year. Fbm +0.5% this mth yet.

-technically another fresh breakdown today, under all short term support. Tech sell but no rebound first ?.

-Calling for bargain at mom but cautious and exit if weakness continues. Better still buy on strength. A closing above 1530 would probably indicate some bunce to test the dwtrend line.

-below 1530, bears r staring at 1500.

Fcpo wrap...flat ????...wtf ! ...weak forward mth curse

-big gap up in opening trade amid SO +2% then consolidates for most of the day before the big selling in late PM after 3800 breaks as players shift to profit take gear following last week gains plus weak forward mths today, -20 to -40.

-no bullish closing but still a bull mkt. A jog not sprint towards 3900, hopefully. Confidence takes time to build especially ahead of long holiday next week.

-Uptrend if > 3700.

Fkli wrap... testing bulls limit...ready for bounce

-no end to fbm selling yet, sell force amid –0.5% regional and +0.5% Europe/Dj futs. Fbm 4-day losing streak, -31.

-externals again fail to improve mkt sentiment and therefore, tech –ve overhang continues.

-still very much a sell mkt but another 10-20p weakness looks good for a quick bargain. Below 1550 is bearish but if recent uptrend is here to stay mkt should/must bounce off soon

Morning start...fkli firm 1543-45 fcpo firm 3750-60

-DJ +50. Europe +1% , steady unlike Asian sluggishness on Fri.

8.35:
-DJ futs -10. Regional firmer tone, +0.25 but looks cautious. Commodity mostly flat.

Fkli
-seen firmer but upside seen limited near 45-47 till fbm > 1550. Till then, -ve bias with fear of kneejerk towards 30+

Fcpo
-SO +0.5% , seen within 3750-3800. +ve bias if > 3740.

Fcpo wrap....strong, off high on wkend profit sell

-very strong AM , nearing 3800 but losses spark in PM. Profit take finally set in after a strong run already this week. Selling set in after 3770 fails to hold in PM


-still a +ve mkt. Upward potential of becoming a bull mkt. Bears have to content with a sideways mkt first. New uptrend line

Fklli wrap....TGIF very pening...seeing too many bears

-weak external prompted strong selling interest, further reinforcing Wed’s tech weakness effect and also frehs tech breakdw under 1550.

-no rebound, bears in control all day. Fbm gives no chance for fkli to sustain any rebound. Regional remains –ve despite SH +1.5%.DJ futs 20. Europe +0.3% in early going,

-aiming for the last short term SMA support, near 1530++.If fails, back to 1500. Below 1550, bears camping zone. It would take awhile for bulls to heal, maybe not this mth.

Morning start...fkli weak 1560-64 fcpo weak 3700

-DJ hardly moves, marginally lower over 2-day but Asian/europe, -1% to to -2%, were under heavy pressure amid China strong GDP data, reinforcing purse tighthening effect play. SH -3% Thu.

8.20
-DJ futs -10. Regional steady near flat line. Commodity tumbles on fear of lower China demand. CO -3%.GOLD -1.5%.

FKLI
-to follow DJ or Asian/Europe ?. Anyway , expecting a weak start but myabe close off lows as fbm never posted any gains earlyy this week , like the rest.
-below 65 is bearish, with fresh momentum towards 50 i+ in the short term. Lucky if see 70 today.!

FCPO
-SO -1.5% . Fcpo seen stuck 3680-3740 range as bulls running out lukc amid a selloff in commodity across the borad yesterday.
-3680, the 7SMA s looks to be a good support today., with tug of wat within 3680-700 seen. But a dip under 3680 will likely trigger some profit take, towards 3650.

Fcpo wrap....bulls is back into the picture...

-fcpo is out of bears grip, following a breakout above 3700 and the dwtrend line. But not bullish yet, just shifting to more neutral range. Immediate action to test resistance, above all short term SMAs.

-A crossing above 3750 would definitely give bulls the confidence back. Bulls in the driver seat if >3670 in the coming days.

Fkli wrap...sayonara to 1-mth old uptrend...

-like yesterday, regional +1% fail to cheer up fbm, profit take continues into 2nd day, also causing tech fresh sell signal for short term target. DJ futs +7, Europe +0.5%.

-late Dec’s rally comes to an end, technically. Looking for the next base b4 making the move towards 1600. Immediate concern is a pullback risk targeting 1550-80 range, especially if fbm under 1570


-uptrend is out, further pullback is expected but unlikely to go dwtrend mode. Sideways and still hopeful for a quick bounce when fbm find it groove back as external seen +ve tone for the rest of the mth.

Morning start..fkli firm 72-75 fcpo strong 3670-3700

-DJ +50, Europe +1% within late Asian hours expectations

-U.S. stocks showed surprising resilience Tuesday, closing higher as shares of Boeing and other industrial names rose, offsetting weakness from Citigroup and Apple..CNN

8.30
-DJ futs -5. Regional mixed, -0.25 to +0.3%. Commodity mixed too. CO -0.5% GOLD flat.

FKLI
- expect fbm to stay above 70, fkli is seen taking a +ve stance but with limited upside till fbm > 74. looks like 70-80 range with cautious of a breakdw looms if fkli < 75.

FCPO
-SO +1% , a chance for fcpo to test 3700 resistance. Above 3680 is, rebound tone, sell pattern is null and void, sideways band today.

Fcpo wrap....3600 acid test survive.....thank god!

-defensive AM, bulls going all out to defend 3600 and quite successful too, prompting a rebound in late PM.

- For the first time in 8-day, a wide white body candle and it happens after 3600+ is tested. This means mkt is ripe for a re-test of resistance lvl and a break dw under 3600 looks unlikely this week unless SO tumbles.

-bulls target is to cross 3680 line.

Fkli wrap..miss 80 due to fbm "angpow $" sell....

-Fbm selling all day while external +ves, who cares that regional firm tone, DJ futs +30 , Europe +1%. Most important, enough fund for angpow!

- technically not good for bulls, a weak opening tomorrow could signal the end of this mth +3% run, with pullback in mind. Fkli is “cornered” up the tip of a 1-mth on uptrend line.

-Bulls must break this deadlock as fkli is meeting up with critical support lvl. A break would void its short term uptrend outlook, shifting to a sideways mkt first.

Morning start...fkli firm 1572-75 fcpo weak 3620-30

-DJ was clsed. Europe mixed, no direction.

8.30 :
All softer tone but no big moves yet, near flat line. Commodity mostly lower tone.

FKLI
- with no external help, fkli will wait for fbm cue but first, steady near 75, 72-78 range if fbm stuck in 70-74 range. Upbeat if fbm >75.

FCPO
-SO -1% . defensive again, 3600-3650 range. 3600 looks good as support at the current SO losses. Sell mkt will continue with big risk of another fresh dwward momentum if < 3650

Fcpo wrap....still defensive....3600 support in danger

-Following a change of active mth, discount in forward mth only implies negative outlook on continuous chart basis and lucky to escape a fresh breakdw scenario. Internal momentum remains weak.

-fcpo mostly firmer, Mar10 up RM+19, Apr10 contract up RM7 but cautious to the high side amid sell-on-strength. Fcpo still sideways but danger of breakdw , under 3600, continues till it regains 3700 resistance.

Fkli wrap...patience, patience, patience

-a slow but steady given weak external on SH -3% fall as government implement tighter policy to rein in inflation. Fbm not only manages to find 70-footing but also finish at day’s high. PChem strong.


-fkli traps within 70-80, +ve range but must quickily make a dash above 80 to avoid a toppish and 70 is too closed to comfort. Below 70, is no good news for bulls, targeting a pullback towards 50-60 range.

Morning start...fkli firm 1573-76 fcpo soft 3670-80

-DJ +50, on financials stocks, strong earnings likely this week. DJ will be closed for holiday Monday. Europe mostly higher, marginally. All seems quiet as mkts prepare for earnings data.

8.30
-DI -2. Regional higher +0.5%. Commodity mixed. CO +1% GOLD -1%

FKLI
-waiting at +ve band, 70-75 for fbm to catch up. Fbm breakout above 72 is a strong signal while while important support is seen at 66. Fkli may attempt 80, while trying to stay above 70.

FCPO
-SO -0.3%, no Asian hours today. No incentives for a breakout higher, sideways again, 3650-3700.

Fcpo wrap... miss 3700 amid last 5 mins selling

- looks like bull victory for most of the day, with mostly near 3710, before bears fire torpedo in the last 15 mins, drowning fcpo under 3700, probably taking cue from CO sharp drop in late Asian hours. PM low 3680.

-further sideways, with no direction till a breakout from its descending triangle, moving averages also very flattish

-3650-3730 breakout strategy , targeting 3500 and 3800 respectively

Fkli wrap...saving energy to break 1580 next week..

- fbm maintains it sideways stance, within 60-80 this week. Cautious toward the end of the week as prices near record high after bouncing off 7SMA support,

- no fresh higher band this week for a lack of clearer external direction . A resumption of uptrend must come in the next 2-3 trading days . Otherwise, pullback mode.

- 1570 will separate the bulls and bears , with 65 and 75 as next major breakout mark next week.

- Trading above 80, if any, next week is likely to see 1600. Below 1570, sideways mkt within the two horizontal line

Morning start...fkli firmer 1572-75 fcpo soft 3680-90

-DJ -25. Europe mixed, near flat. Commodity quiet, flat.

8.30 :
-DJ futs +10 on Intel strong earnings. Regional flat. Commodity softer, CO -0.5%. GOLD flat. All seems quiet.

FKLI
-seen firmer on buy mkt order but unlikely to make sustain impression at higher end till fbm >73. Looks like sideways and dwward-bias as target is a closing above 70 this week for bulls

FCPO
-SO -0.2%. 3680-3700 range bound first A breakout range is seen at 3650-3730.

Fcpo wrap...the start of tug of war ...

-short covering, after a RM214 losing streak, spark by SO big gains of 2% amid weak crops forecast

-fcpo mostly shaky for the day after failing to sustain a big gap up opening. But late buying activities push fcpo back towards 3700 after it recaptures 3680 resistance in late PM trades

-first good move for bulls, as fcpo is seen consolidating, preventing fresh selloff scenario today. But not out of the woods yet, as it remains inside the short term dwtrend triangle.

-above 3550 is trading buy-for-bounce

Fkli wrap.. near record high...profit take

-another slow day, firmer on DJ, HS gains but not much fanfare. DJ futs lower, -10. Europe mixed.

-same pattern like yesterday strong morning and +2p preclosing push fbm back up 70. Upside looks reluctant, maybe GLCs have no intention for a run this week, saving energy for 1600 next week if mkt remains above 70 tomorrow

-fkli struggles with premium but remains hopeful to see 80 tomorrow. But looks like 70-80 sideways range. Above 70 is bullish tone.

Morning start..fkli strong 1575-79 fcpo strong 3700+

-DJ +80 Financial shares sparked a broad rally, Wells Fargo's upgraded outlook for the sector.
-Europe +1% to +2%,a solid auction of Portuguese bonds helped ease eurozone jitters

8.30 :
-DJ futs -4. regional strong, near +1%. Commodity firmer to strong. CO +0.5%. SO +2.3%, catching up with CO.

FKLI
-mkt sell open noted. but fkli is seen attempting 75-80 range, Staying power depends on fbm, if fbm > 67. FKli support is raised to 67 from 64.

FCPO
-SO +2%, strong recovery at the time when fcpo also is due to bounce....good timing ? Fcpo fair at mom is seen at 3700. Fresh breakdw is unlikely, testing resistance in sideways zone. Intra-day play.

Fcpo wrap.....profit take buy if external improves....

-CO big gains fail to inspire the rest…commodity restless to lower following a weak start this week. CO jumps on isolated event…shut dw of pipeline near Alaska ..i think.

-a breakdw under 3700 set tone for the rest of the day, but manages to finish off lows after hitting strong support lvl.

-fcpo is ready for weekly-bounce, re-test resistance but within the triangle zone first as sentiment is unlikely to recover sharply this week. Kneejerk under 3600 remains a big risk till fcpo regains 3700

Fkli wrap... 1580 part 2...but concerns over fbm drag

-fbm strong in the first AND last 15 mins, z z z z in between. The latter thanks to GENTING sharp gains.

-Strong externals, especially in PM, fail to cheer up fbm. But fkli is confident fbm will catch up tomorrow. It regains back above 70 in the last 30 mins of trading and hit new day's high after mostly at 67 in PM. DJ futs +50

-fkli is now seen making one attempt at record high this week but sustainability above 1580 is unlikely as fbm is prompt to profit take this week.

-take long bet if fbm 1570 as 1600 seen coming …not this week lah!

Dec10 MPOB cause another selloff or tech bears ?

-Weak export , yes but Dec also tends to be a slow month. More significantly, end-stock remains flat, so no major -ve here.

-but no good news is bad news as fcpo internal momentum is very weak on tech bears. Any upside remains doubtful till mkt finds strong footing..at mom, on course for 4-day losing streak, near RM200.

Morning start....fkli firm 1565+ fcpo weak 3680-3700

-DJ +30, getting ready for 4Q10 earnings report, starting Thu. Europe +1%, Commodity strong.

8.30
-Dj futs +1. regional taking +ve stance , +0.5% range. GOLD bounc-ing. CO jumps +2.5%, as the Trans-Alaska oil pipeline remained shut for a fourth day.

FKLI
-with no -ve incentives, at mom, fkli is seen tracking higher. Najib's EPP will boost fbm,on track to 70.
-fkli seen maintain premium and locking in 65-70 range if fbm >63. Major sell tone if fbm< 60.

FCPO
-SO -0.6% . 3700 in danger, a breakdw is expected but like to regain back as support in AM session for intra day buy signal. But, fear of late selling will limit the upside unless SO tracks a strong CO later.
-below 3700 is strong sell signal. 3660 is major support.

Fcpo wrap...no support yet ...extension -ve outlook

-early skeptical becomes reality as late selling activities continue to drive fcpo lower, like in the past 3 trading days

-fcpo “’premium”'s pressure, US$55 on last count , is driving tech bulls crazy. Like it or not, fpco is in a short term dwtend cycle till it regains certain major resistance lvl, like > 3800 this week.

-Immediate resistance is lowered to 3760. Dw risk continues but fcpo is seen supported near 3650++ this week

Fkli wrap...quiet, lower support, tomorrow test 1570

-7SMA support tested and passed. But , it requires the next move that is to cross back above 70 to entice the bulls. And this requires a +ve, if not strong, DJ tonight. As at late Asian, DJ +20, Europe +0.5%/…looking good for bulls.

-regional firmer, recovering tone after Mon’s weakness…does not seem to have a main direction. Strong CO price helps

-above 60 is +ve, targeting a re-test of 70 resistance. If 60 breaks, 40-50 range in the next 2-day.

Fcpo wrap....tech selling...extending short term bearish

-technical weakness dominates the scene….fcpo rarely underperform SO lately but today.... Fcpo “more expensive” than SO fails to become reality…back to old scholl

-short term downtrend with further weakness as fcpo is still in “looking for support” mode.

-below 3800 is bear mkt

Fkli wrap....fbm profit take mode from start...

-opening buying fails to inspire sentiment, fkli hit record high, but humble by fbm profit take mode. Selling accelerates after 1570 support breaks. More selling in PM as HS/SH extend losses.

-external mostly lower. Europe, near -1% and DJ futs -50 in late Asian hours. 4Q10 earnings will take centra stage this week

-fbm snaps a 5-day winning streak, healthy puuback, approaching 7SMA

-technically, a bad day for late bulls. Sideways first , with 1550-pullback risk, if under 1570. But uptrend remains intact.

Mornign start...fkli firm 1573-75 fcpo firm 3780+

-DJ and Europe small small moves, ahead of 4Q10 earnings report
-4Q10 seen upbeat, better than 3Q.

8.15 :
-all small moves too. DJ futs -15. regional flat. Commodity firmer, +0.5% after some selling activities in the past 2-3 day

Fkli
-above 70 but unlikely to sustain above 75 till fbm >73. Fbm bullish if > 73
-knee jerk buying if > 1580 b4 fbm starts.
-upside if >70, otherwise target 55-60

FCPO
-some recovery seen, SO +0.5%
-upside target 3800-3820, remains a sell mkt if a closing under 3820 but +ve if > 3860

Fcpo wrap...bulls start bears finish...1/3 pullback

-this week, commodity selling starts from metal, then crude oil, then agri …whatsup! US$ excuse but that’s all to it?

-fcpo finish the week in –ve sentiment, damaging its uptrend pattern today, more pullback first, targeting 3700 ( 50% of 1-mth old rally) or sideways before the next run.

-trading range is lower to 3700-3800 from 3800-3900 this week. Short term sell if < 3820 or the short term dwtrend line.

Fkli wrap...manage to fend off profit take...1600-ready

-same like yesterday, not much external moves among equities but fbm riding on this week’s momentum to float at upper band. 5-day gains

-commodity and US$ move dominates the scene this week.

-fkli pausing for the past 2 –day amid profit take. But still in good position for 2nd round. run, 1570-1600, if no big slump tonight. Above 1560, still upbeat

Mornig start...fkli firm1565-68 fcpo weak 3800-20

-DJ -25, Europe slightly lower. Equity all small moves.
-Focus on commodities...big fall , US$ strong

8.30 :

-DJ futs -1. Regional softer tone , seen weak tone amid commodities slump.

-CO -2.5% GOld at 4-day losing streak. SO -2%

fkli

-while external weak, fkli seen taking a firm/neutral range first, in case fbm attempts 70 resistance. But selling pressure today. Tech breakdw is <64.5 for fkli targeting 60.

fcpo

-SO big swing. Fcpo is back defending, can forget about 3900. Sell mkt seen today.Can 3800 hold ?

Fcpo wrap...bulls escape breakdown but late selling...

-arbitraging selling or 3900-toppish related profit take selling…

-a quiet and range bound before late sell off activities from 3880 to 3840 after 5.30 pm

-SO strong gains did not inspire bulls to crack 3900 , maybe players still suffer from hangover after Wed’s big losses

-technically, an improvement for bulls, near 3860, but still in a battle zone , 3830-3900. Above 3900 is knee jerk on intra day tech buying but sustainable issue this week as arbirtraging chance for kwailow.

Fkli wrap....bulls need DJ helping hand tonight...

-another +ve but equal fight after being dominated by bulls for the past 3-day. Price remains lofty but upside limited on sell on strength activities. PM very slow.

-no clear direction from external but riding on commodity big gains. Europe/Dj futs flat but firmer. In short, no –ve event.

-mkt is holding well on recent momentum despite profit take amid a lack of -ve incentive. But a weak opening tomolo could well see a pullback towards 7SMA. While uptrend, looks a bit overstretch above 1570 THIS WEEK. .

Morning start...fkli firm 1563-65 fcpo strong 3850+

- DJ +32 small but way better than expected.
-Theme -betting on US ecnomic recovery. 1) safe haven reduce, GOLD already -3% this week, 10y bond yield at 6-mth high 2) riskier asset add, commodity, stock 3) therefore US$ dollar strong

-europe mixed, -0.5% to +0.5%.

8.30

-DJ futs +1. regional strong, NK +1% on weak yen KOS +0.3%.
commodity rebound by as much as yesterday slump. CO +2% back to 90 mark. SO +2%

FKLI
-seen catching up with fbm near 1565, with 1560-65 range first. More upside if fbm stays above 65, as seen as re-targeting 70.
-50-70 for the week.

FCPO
-a relief for fcpo bulls, will escape a breakdw but a run towards 3900 looks very expensive too.
-seen steady at 3800-3900 mid range. Above 3820 is upward-bias

Fcpo wrap...uptrend pattern in danger....

-Crude oil spoils fcpo’s bulls party….

-3-day gains of RM155 comes to an end today, as players take weak commodity tone to lock in profits . Fcpo very expensive relatively to SO, only US$3 discount at its height. Last US$9

-still hopefull as no tech breakdw..yet as fcpo manages to find support at 7SMA and above psychological lvl of 3800. But dwward bias if below 3820 for more correction, targeting 3700 if 3800 breaks. Bulls can cheer if mkt regains 3860.

Fkli wrap.. time for profit take .. 1600 next round

-Strong run but profit take set-in in late trading as DJ futs gets weaker over time, from -20 to -50. Europe off to a soft start as commodity faces selling, especially crude oil.

-regional mixed, a bit follow through buying but cautious amid selloff in some commodity, GOLD, CO

-After a strong start in AM on follow through, CIMB shoot fbm above 1570 in the first 15 mins of PM trading. Then, consolidation all the way till closing.

-Fkli fails to make it to 1570 despite knee jerk reaction, amid profit take activities.

-1570 looks toppish this week, pullback towards 1550 before making the next move towards 1600. Below 1570 is trading sell. Breakout buy > 1570 this week seems "too risky"

Fcpo wrap...late strong bounce..3900 hit & run...

-quiet for most of the day till a strong run after 4.30 pm and almost "zero disocunt" to SO.

-fresh tech buy seen above 3860, looks like targeting 4000. Immedaite support is raised to 3860 from 3800.

Fkli wrap....new uptrend range 1560-70 this week...

-SIME, IOI give the initial charge, banks follow suit in PM, pushing to new heights. Post new year or pre CNY rally....just like 2008…but hopefully ends well too!

-external strong. SH starts 2011 with +1.6%, HS +200. But , Europe/dj futs flat and quiet. FTSE starts 2011 +80 in early trades, catching up with Mon’s mood.

-Fkli early cautiousness but eventually takes heed of fbm bullish tone after 9.30pm. All the way up since then . Profit take mode every 10p gains, it seems. Both Fkli/FBM in uncharted space.

-tech breakout, from uptrend to “steeper uptrend”, raising lower band from 1510 to 1530.

Morning start....fkli firm 1540-45 fcpo weak 3820-30

-as indicated by DJ futs, DJ +100, a strong start in 2011 on financial stocks
-europe making 1% to +2%

8.20
- regional firm to strong. NK catching up with +1%.
-US commodity off to a milder start after a strong closing ahead of 2011. GOLD, CO flat.

Fkli
- around 1540-43, taking a firm tone and turning bullish once fbm crosses above 1535. Fkli +ve if fbm > 30. Lower band of 30-40 if fbm weakness creeps in.

Fcpo
-SO -1%. Fcpo seen dward risk as fcpo is called to open under 3850. If > 3820, targeting 3770-3800 lower band. Bulls mkt if a crossing above 3850+.

Fcpo wrap...going for 4000...

A quiet and strong day for fcpo tks to SO gains over the weekend. Profit take above 3850 today., as players deem overdone after a RM60 gap up. No doubt a bull mkt, 3700-4000, and today is step towards 4000 after a another breakout above 3800.

Fkli wrap...strong start...aiming 1550+

Fresh tech breakout, above 1530 . Upside potential seen at 1550+ this week. Support is raised 1520. Uptrend mkt with fresh bull after today's closing.

External strong on commodity strength. HS +400. DJ futs +60.

At a glance....2010"s most bullish...bulls in charge

Commodity bull run begins...watch out for crude oil in 2011.