Fcpo wrap.....not much today...just follow through

-slowly heading towards short term resistance lvl, near 3400. Again, not much internal push, steady on SO gains near +1%. Tight range, mostly 3310-3330. Sideways mkt, rebound tone if fcpo is above 3300.

At a glance : Mar11 performance ... %mtm

FKLI wrap....fresh year high......next week

-fbm.fkli finish Mar on bullish tone, with year-high as the next target. Above 1540 is bullish. But sell on strength above 1550, is expected tomorrow ahead of weekend. Short term support is raised to 30. regional +ve tone on banks strong earnings report. Europe/DJ futs flat but +ve tone in late Asian hours.

Fcpo wrap....rebound mode for the rest of week

bounce tone for the rest of the week., likely between 3250-3330. No major sell force if fcpo stays above 3250 with “test resistance” mode in consolidation phase. Immediate support is raised to 3300 from 3250

Fkli wrap...fresh tech bullish tone..

***equity strong gains on HS leads, +390, on strong corporate result. NK surges almost 3% on weaker yen and a lack of “fresh” radioactive leaks. ***fbm.fkli also stage technical breakout scenario, back to Mar’s highs. Higher trading range is likely, 20-50 for the remaining days of the week. ***above 30 is bullish but profit take pressure seen if above 40 tomorrow. Maybe more upside in April.

Morning start...fkli firm 1520-25 fcpo firm 3250-60

DJ +80, Europe +0.5%, consolidation in telecommucation sector and ahead of job data 8.20 DJ futs -7. Regional +0.5%. Commodity mixed, near flat, quiet towards mth-end. FKLI -upside tone, eyeing 25-30 range. Fbm seen 20 support, with strong chance to revisit Mar's high near 30. Fkli upbeat 20-30 range if fbm above 20. Support is raised from 10 to 15 today. FCPO SO +0.3% likely same trading range as Tues. Another 3250-3300 neutral range? Above 3280 is sign for rebound mode. Till then , breakdw fear, 3200-3250 looms today.

Fcpo wrap....resilient again..ready for bounce

very resilient, manage to crawhigher near support lvl after early selling pressure on SO losses. Bulls escape a bearish call yet again but mkt remains in bears territory, under 3300.

Maybe time for some profit take targeting the dwtrend line first b4 making another leg dw. 3200 critical support for this week

only a crossing above 3330 will set rebound mode, targeting the dwtrend line first b4 making another leg dw. 3200 critical support for this week

Fkli wrap....Sarawak election run up ?

• PM surges above 20 on regional recovery tone and DJ futs +40. Fbm tight range but first strong closing in three. Strong vol too, whole mkt, strong interest in timber company. More upside towards 1530 expected


• -fkli discount in AM but catches up in PM and hit buystops above 20, all the way to 29.5. But mostly near 1520 in PM


• -tech strong closing, a sign towards 30 after 3 days stagnating

Morning start....fkli soft 1510-15 fcpo weak 3250-60

DJ/Europe mostly flat, no directions, weigh by Japan's nuclear concerns but seen upbeat on corporate and job results. 8.30 DJ futs +9. Regional soft, near flat except NK -1%. Commodity mostly lower, -1%. FKLI tough day for bulls. 1500-1520. Defensive 1510 in early trades. Upside is lowered from 20 to 15. Bearish if fbm below 15. FCPO SO -1%. Back to recent lower ranges. Fcpo seen start in -ve zone, below 3280, but will bears make fresh attack under 3250, targeting 3200 today ?.

Fcpo wrap....up but no major recovery yet

-Tight range. Again, strong SO prices fails to give fcpo a lift. Instead of seriously attacking 3300, fcpo stuck under 3300 and dangerously near 3250 support. -5-day losing comes to an end today but tech weakness continues as no major sign of rebound mode till a finish above 3300. Till then, breakdw risk , 3150-3250 looms.

Fkli wrap....toppish but > 1510 upward bias

Fkli quiet day with mostly roll activities, 80%. Fbm ends a 6-day winning streak on selling in the second half AM. Regional weaker tone too but off lows in PM. Not much direction today. -technically neutral, 10-20, after fkli manages to maintain 1510 support mark but also maintains 20-toppish outlook…so the wait for next trend continues

Morning start...fkli firm 1515-20 fcpo firm 3280-90

DJ/Europe on firmer closing Friday, +0.5% on prospect of +ve Mar's job data due 1 April -8.30 DJ futs +8. Regional mixed. NK -0.5%, on nuclear crisis concerns following radiation spike in Reactor 2. Commodity firmer tone but seen quiet as 1Q is coming to a close. -FKLI -same upper range , 15-20, likely but cautious tone. Above 15 is bullish but 20 seen toppish, till external improves -FCPO SO+ 1%. Another ancouragement for bulls to re-test 3300 resistance again. Maybe intra-day buy start , >3260, but still a sell position case if it stuck under 7SMA around 3330

Fcpo wrap...breakdw to 3100 looms...

-Sentiment weak despite strong SO price. Perhaps no fresh buyer ahead of the weekend , with mostly position adjustment activities. Still , not much of a rebound despite sharp losses this week.

-Jun11 contract struggles to stay inside the ascending triangle formation to avoid a major breakdw. Market is already –ve if it stays under 3300 and a closing below 3250 is fresh bearish tone next week, targeting 3100+.

-bulls in danger till fcpo regains 7SMA resistance or at least 3300 psychological lvl.

FKli wrap...targeting year highs resistance...

-just maintaining a +ve posture for next week. Fbm, 6-day winning streak, cautious despite +ve external. Regional +1%, Europe +0.2%, DJ futs +30. Drag by fbm, Fkli mostly sideways near 1515 and stays premium after Europe firm start.

-looking good to test year high resistance lvl next week. Trading band is raised to 1500-1530. Above 1510 is bullish.

Morning start...fkli firm 1515-20 fcpo strong 3310-20

DJ +80, Europe +1.5%, as positive earnings in the technology sector offset ongoing concerns related to Japan and spreading unrest in the Middle East...CNN

8.25
DJ futs +20. Regional +1%. Commodity firmer tone.

FKLI
chance to visit 1520 and takes the upper band of 1510-20 range today. To sustain above 1520, fbm must first clear 1515. Above 1515 is bullish. Looking for strong weekly closing.

FCPO
SO +2% , a big favor for fcpo bulls. 3300-3350 neutral range seen. Upward bias tone on tech bound tone, back above 3300. Major selling is only expected if 3250 fails to hold again.

Fcpo wrap....sideways remain despite early scare

-big selloff in AM and big rebound in PM. In hindsight, AM selloff is tech breakdw related and not fundementals.

-Prices finish sharply off lows and avoid a fresh leg dw outlook – but danger looms

-bulls can take consolation that fcpo stays inside its ascending triangle formation .And it does look like a rebound mkt tomorrow, if above 3250, on wkend profit take buy after a 4 day losing streak. More so if > 3300

Fkli wrap...slow day....chance of 15-20 Fri

- very quiet day, probably no thanks to interest in fcpo. Most mkts +0.5% but fbm not so eager. Fkli range bound tone, mostly above 10 but fails to take out 14.5.

-technically upward bias but do not foresee big move upward ahead of weekend, 15-20. Instead, strong chance of higher trading range of 1520-40 next week if mkt stays above 1500 tomorrow.

Morning Start...fkli firm 1505-10 fcpo firm 3310-20

DJ.Europe +0.5% , shrugged off weak home sales data, which showed new home sales tumbled to a record low last month...CNN

8.30
DJ futs +6. regional near +0.5%.Commodity firmer tone. Everthing seems flattish and quiet.

FKLI
seen 05-10 in early trades, with more upside if fbm >12. But seen stuck in recent traing range of 1500-1520.

FCPO
SO +0.3%. defensive play 3300 again, 3250-3350. No clear trend yet as likely stuck with ascending triangle formation

Morning start....fkli firm 1503-05 fcpo firm 3340-50

DJ -17, taking a break ? after reclaiming pre-Japan earthquake. Europe -0.5%.

8.15
Dj futs -8. Regional flat to -1%. Commodity mostly higher on CO gains, +2%

FKLI
seen some recovery after yesterday last min selling activities. 1500-1505 in early trades and upside seen limited amid weaker external. Dwward risk higher, 1493-1510. FBM is seen in -ve 1500-1510.

FCPO
SO +1%, some relief for bulls, enough to maintain support for range bound play, 3300-3370 but unlikely to generate enough momentum to break major resistance 3400.

Fcpo wrap...breakdw fear back in play....

-big selloff, whatsup! Unlikely just tech in nature.

- A breach under 3400 hit mkt sentiment after a toppish Mon. But losses seem overdone. Upside target is out of the card for now with defensive play first - likely within the ascending triangle.

- Last defence line for bull is 3250 b4 the next major breakdw move,targeting 3110-20.

Fkli wrap...RM at fresh high but fbm weak....

-profit taking mode despite strong external environment. Technical weakness under 1510 also adds pressure.

-RM hit fresh multi years high against the US$

-fkli mostly 1505-10 range b4 venturing towards 1500-05 range on selling after 5pm, mostly likely kwailow MOC selling

-a –ve day but rebound momentum remains intact. 1500-1520 still in play

Morning start...fkli strong 1515-16 fcpo soft 3410-20

DJ +170, up 3rd day. U.S. stocks rallied for a third day on Monday, as fears about Japan's damaged nuclear plants eased and investors cheered a huge merger in the telecommunications industry. Europe +2%.

8.20
DJ futs -10. regional x-japan +1%. NK +3%, catching up with DJ 2-day big gains. Commodity lower tone, -0.5%.

FKLI
-seen 1510-1520 range, taking the upper band once fbm crosses above 1510. Above 25-30 is seen as kneejerk today.

FCPO
-SO -0.3%. defensive first but unlikely to dent bulls sentiment, tug of war at 3400 expected. 3380-3450 range likely.

Fcpo wrap.... still upward potential...> 3400

-profit take activities above 3450 cap upside potential amid a lack of SO upside moves. Bulls are taking a breather b4 attacking major resistance of 3500 - trend reversal resistance


-while toppish, fcpo remains upward-bias and likely sideways 3400-3500 for another day or two

Fkli wrap....ready to revisit year high...

-feel good factor with Japan taking a break, welcoming the spring season. Regional upbeat as Japan nuclear reactors seen stabilizing. Europe +1% DJ futs +100.

-with nuclear event taking a back seat, higher commodity prices on Libya war, lift resources stocks. HS +380.

-above 1496-1500 is bullish, targeting 1520-30 this week.

Morning start...fkli firm 1502-05 fcpo firm 3450-60

DJ +80 Fri, Europe +0.5%.

8.20 : DJ futs +40. NK holiday. Regional +0.5%. Commodity firmer, +0.5%

FKLI
-upside, 1500-1510 and strong resistance seen at 1505 today on closing basis. Above 1490 is weekly bullish, tageting 1520-30

FCPO
SO +0.6%. fcpo seen upward bias, 3400-3500. Above 3440 is bullish, targeting 3600 weekly.

Fcpo wrap...looking at long term resistance 3500

-plenty of late buying as commodities showing signs of rebound going forward, taking CO cue.

-taking external leads, bulls takes courage to push fcpo above 3400 as tech outlook not only improves but also turning +ve on weekly basis, targeting short term dwtrend line next week.

-Fcpo crosses back above 7SMA, above 3350 is buliish tone in the short term but long term dwtrend remains.

FKli wrap...more upside next week...

equity +ve as Japan nuclear crisis see +ve development. Power restores to reactors. Plus, G7 concerted effort to help Japan “yen-selling” spree also boost sentiment

-Fbm +ve but cautious all day b4 a preclosing phase push above 1500, from 1497 to 1503. Mostly 1495-96.

-fkli near 1500 in opening trades and after 5pm trades. In and out of 1495 in between

-technically +ve with more upside seen next week , targeting the upper band of recent trading range. With 1470-1480 well supported and a strong closing this week, it reinforces almost a 3-month old 1480-1520 range yet again.

-Above , 1490 +ve week ahead.

Morning start...fkli strong 1495-1500 fcpo strong 3380-3400

DJ +150, Europe +2% on strong economic outlook.

Two fresh major development to factor in today .

1) UN approves attack against Libya > CO +4%
2) G7 agree on co-ordinated yen intervention > Yen +2% up from 78+ to 80+ per dollar

8.30 : DJ +30> NK +3%/+300, also radiation lvl dw. Regional +1%

FKLI
chance to see 1500-1510 again. But first seen near 1500 b4 fbm opens. FBM bullish if > 1495. Trading range is raised 10p higher to 1490-1510.

FCPO
SO +2%. Fcpo seen taking 3400-3450 range. Bullish if 3420. No position sell signal is expected today, < 3300.

Fcpo wrap...neutral day...bulls buying time....

-like fkli, fcpo also sideways technically –at support lvl, closer to major resistance but yet to make any attempt amid less-favorable external as cautious runs high with Jpn nuclear crisis still unfolding.

-upward bias if above 3300 but no comfort yet till a crossing above 7SMA.

Fkli wrap....bulls defending...waiting for +ve external

-Regional mostly lower, -1%, off lows. Fbm very resilient from start and gains more traction in PM with strong leads from DJ futs, +100 and Europe +1%. While radiation remains highs, no fresh leak was reported today and mkts probably applaud Japan’s water splashing effort so far – via choppers, water cannon truck

-technically neutral to upward bias as > 1490. Another relief for bulls, with 1480 holding strong again. Volatility remains high as long as Japan nuclear crisis stays liquid.

-mkt seen making an attempt at 1500 tomorrow

Morning start...fkli weak 1485+ fcpo weak 3300+

DJ/europe -2%, Japanese investor likely main sellers, repatriation process. US stocks also pressure by weak housing data

8:.20
DJ futs +12. NK -400, exporters hit by strong yen too, under Y80 per US$. Regional -1%.

FKLI
-range play with danger of brakdw again. At current external scenario 1480 looks supported. Below 1490 is -ve with risk of kneejerk towards 1470. Fbm seen at the lower band of 1480-1490

FCPO
SO -1.5%, another test for bulls as tug of war at 3300 is likely again. Fair seen at 3300 with the current SO lvl. 3350-3250.

Fcpo wrap....bulls work hard to keep fcpo >3300

-bulls miss a chance to test 3400 today following SO sharp drop overnight, But, SO recovery during Asian hours, from -4% to -2% also give bulls some relief.

-fcpo sideways within Tues’ range and remains tech-bounce mode as staying power above 3300 continues. Strong bearish signal for next week moves if a closing below 3250 this week. Otherwise, a rebound mkt, 3300-3500.

Fkli wrap...sideways, waiting for Japan nuclear development

- Except NK strong rebound, +6%, a mixed day for most. Regional bounce limited as players continue to interpret Japan nuclear situation. Plus, reports on Japanese fund repatriation spark selling pressure….likely so this week.

-like yesterday both finds support before scaling higher towards short term resistance lvl . Technically , not much changes, sideways in familiar range with rebound mode, so far 1480-1500 remains. With nuclear crisis still looming, upside is likely to be limited.

Morning start....fkli firm 1490+ fcpo weak 3300+

DJ/Europe -1% to -2% not as bad as Asian. But agri ommodity tumbles on concerns over Japan short term demand.

8.15
Dj futs -20. Regional firmer tone on rebound after panic yesterday, +1% to +2%. NK +6%. Value for long term but short term pressure over ?

Fkli
strong rebound first but follow through momentum depends on Japan nuclear development. Upside seen limited till Japan PM says nuclear crisis is over. 1480-1500.

FCPO
SO -4% . setback for bulls, after Tue's strong effort, amid weak external weakness but do not expect fresh leg dw today. Another tug of war at 3300 again. Below 3340 is -ve, below 3000 is bearish.

Fcpo wrap... 3-day losing streak ends....sideways seen

-strong bounce, looks like 3300 is a strong support on profit -take buy activities till mkt tests resistance lvl. While strong bounce today , mkt has yet to cross above any significant resistance yet.

-above 3300 is trading buy., targeting short term SMAs.

-likely sideways within 3300-3500 for the rest of the week. A closing under 3300 would set bearish tone for next week., targeting 3000.

Fkli wrap.... bulls survive...yet

-major selloff after Japan’s PM 10am press conference – he orders evacuation amid radiation leak. Major equity sharply lower but ends the day on recovery mode after Japan says radiation readings improve in PM.

-fbm performs strong, relatively to peers. But a finish under 1490 means bad news for bulls, technically speaking. Both fbm and fkli at critical support lvl, around 1470-80. A breach could send mkt towards 1430-40 for the rest of the 1Q.


-Kan’s press conference will hold the key for next big fall or strong bound. Otherwise, cautious prevails, in sideways tone, 1470-1500 .

Morning start....fkli soft 1490-95 fcpo firm 3550-60

DJ/Europe near -0.5% within or better than Asian expextations.

8.25 : DJ futs -30. NK selloff continues, -500/-5% as investors cashing out. Regional seen steady, benefiting from re-construction phase in the coming weeks.

FKLI
-NK perfomance would limit gains but upside target is raised to 1506 from 1500, with rebound mode if > 1490. Dwside seen similar to Mon's lower band 1480 looks safe.

FCPIO
SO +0.2%, external favors some rebound after fcpo has fallen RM250 in the past 3 day. Testing 3550-60 resistance. A breach would set rebound tone for the day, no major sell signal then.

Fcpo wrap...bears may take a break first....

-bearish momentum continues and seen targeting Nov10 low near 3110 in the near term. But maybe a bounce first following today's tug of war at 3300 that favors the bulls in the end

-Below 3360 is a very bearish mkt on kneejerk selling activities. Buy on strength, short term trading buy above 3360, targeting 7SMA.

-a closing under 3300 could spark another new lower trading range of 3100-3300 for the rest of the mth. But chance of a trading buy if external improves tonight.

Fkli wrap....no tsunami...but danger looms....

-selloff in Japanese share but the rest has calming effect.

-fbm mostly strong tone, recovery from weak opening as players deem Fri’s losses enough to compensate NK sharp drop today, -640. Regional also steady in AM. -0.5% and higher n PM, +0.5%. But fbm see selling after Europe opens. Tech toppish at 1500 also a contributing factor. In late Asian , Europe -0.5%, DJ futs -80.

-in red but better than expected. Still short term sell but no major fresh bearish signal. Sideways 1480-1510 this week ?

-below 1493 is bearish for fear of a breakdw under1480, targeting Sep10 low near 1440.

Morning start....fkli bearish 1485+, fcpo weak 3340-50

DJ +60 Frid as foucs on fallen CO price instead of Japan earthquake

8..30 : NK at -500/-5%. as investor cashing out, yen strong on repatriation. Such scenario will likely last for a week. In the previous big earthquake in Kobe, shares fell 8% in the following week. KOSPI flat, DJ futs -60. CO falls under $100 mark as Japan refiners close plant and calming effect from Saudi.

FKLI
-kneejerk under 1480., seen at 80-90 range and bearish if < 1490

FCPO
-SO -0.5%. 3300-3350 trading range is expected.

Fcpo wrap....fresh year low in the card next week

-another tech fallout ……..in PM as global bearish sentiments overwhelm. Earlier, light profit take buy but not long, bulls take another hit as Japan’s earthquake jolts bears out of hibernation mode.

-with no recovery today, bears take full control next week. If year low’support, 3336, breaks, new lower trading band of 3150-3350 is expected. Below 3440 is super bearish

Fkli wrap...bulls shaken by Japan "jishin"

-plenty of –ve news towards the end of the week. Libya, China deficit, Japan GDP dwgrades , Europe Debt dwgrades, Saudi unrest and topping it off with Japan huge earthquake…very dizzy!!

-with sudden change of external tone, EPF seems powerless, give up 1500 in PM and likely looking at 1460-70 lvl to defend....near 4 mth lows lvl.

-Fkli selltops trigger from 1489-1482 in PM in a split second move but mostly recovery thereafter, In fact, closing at rebound-high.

- technically bearish if under 1500 , targeting 1460+. But can expect some rebound towards 1510-20 first if mkt start start firm Mon.

Morning start....fkli bearish 1495-00 fcpo firm 3500+

DJ, -230 and Europe near -2% on political concerns in Saudi Arabia weighed heavily on investor sentiment.

8.20

DJ futs +20. Regional -1%. Commodity mixed. CO -1%, off lows of -3%.

FKLI
with the wide discount already, fkli is seen near 1495-00 in early trading. Bearish if < 1500 on knee jerk fear towards 1480 if fbm dips under 1500. Fbm seen near the lower band of 1500-10

FCPO
SO +1%., enough to spark wkend profti take buy but unlikely to create strong upside momentum as sell on strength will cap upside near 3500-3550. With firmer opening call, a breakdw under 3440 is therefore a strong sell signal today.

Fcpo wrap....firmly bears...3350-3500 already this week?

-all day bearish especially after dipping under 3500. Bears take total control, eyeing recent low, 3350-3400…..tomorrow or next week ? Next week…maybe

-commodity slumps in Asian after China reports trade deficit in Feb. China demand talk resurface again.

-bearish if < 3440 tomorrow., targeting 3400. Above 3440 is weekend profit take buy while bears seen defending 3500 this week if mkt does rebound.

Fkli wrap....tech turns -ve again...no major trend seen

-weak and steady near1510 b4 a late breakdw towards 1500+ after 4.50pm. Cut loss selling as tomorrow looks bleak with DJ futs -70 and Europe -1.5%.

-Japan dwgrades GDP outlook, China Feb’s trade deficit pressure commodity prices, Korea up interest rate, Moody dwgrades Spain debt and Libya-factor give plenty of reason to lock in profits today

-fkli, very cautious with huge discount., also see tech selling under 1520. Bears mkt if under 1510, but bargain seen under 1500 this week on expectation that mkt will continue to sideways within recent trading range

Morning start...fkli soft 1518-20 fcpo weak 3530+

All small moves, marginally lower after this week strong run after a lack of cue from CO mkt.

8.30

Dj futs +8. Regional -0.5%. Commodity mixed. CO -0.5% GOLD +0.5%.

FKLI
15-25 trading range with dwward bias if fbm < 20 and it could put an end to 40 target this week if mkts finish under 1520 today. If so, back to sideways range of 1500-1520

FCPO
SO -2% , targeting 3500+ today. likely 3500-3550 range with kneejerk breakdw under 3500 towards 3450.

Fcpo wrap....bulls defending in bears territory

-recovery tone in early trades as commodity mostly stagnant today with equity higher. But succumbs to weak tech outlook, capping gains under 3600. SO mostly flat,

-does looks like 3500-3650 trading for the rest of the week. Below 3600 is bearish. 3700 is history this week.

-below 3580 tomorrow would likely create strong sell signal.

Fkli wrap......shaky but 40 remains hopeful

-slow, quiet and still tech bulls zone following a finish above 1520, both fbm and fkli. While fkli off highs, 1540 remains a target if fbm > 20. Support is raised to 15 from 10. Below 15 is weekend profit take sell.

-regional firmer tone, +0.5% but off highs as DJ futs -10. Europe -0.5% in late Asian hours.

Morning start...fkli firm 1523-25 fcpo firm 3580-00

DJ +120 after CO retreats from high as n banks surge after BoA issues a rosy multi-year outlook. Europe flat but firm

8.30

DJ futs +5. regional within +0.5% to +1%. Commodity near flat, softer tone

FKLI
another attempt to clear 20 again, fkli is ready but fbm ? Above 15, stick to upside bet.

Fcpo
SO +0.1%. seen attempting to regain 3600. Upside if > 3580. 3600-3620 neutral, up from -ve. Major resistance seen at 3650. A breakdw under 3580 could send prices dw to 3500+

Fcpo wrap...baton to bears.....winning streak ends

-falling CO price ends Fcpo’s 5-day winning streak, cutting its total gains by 50% today in a single day move. With 3700 tested but remains at a resistance, fcpo is trading sell mode hereafter till it regains 3600 lvl gain.

-shifting gear from upward to dwward bias. 3600-3700 neutral.

-dwside risk is seen at 3420-50 this week if fcpo trades below 3600.

Fkli wrap....20 resistance remains...not for long

-holding well in AM despite weak DJ overnight as regional and Dj futs steady after CO retreats from highs, -2% in Asian hours. But fbm.fkli also stangnant in PM when HS and DJ futs post strong gains…HS +400, DJ futs +40. Europe +0.3%.

-like yesterday, tech neutral too today. 20 tough nut but still bulls sentiment

Morning start...fkli soft 1515-20 fcpo soft 3670-80

DJ -70, Europe near -0.5%, blaming the oil.

8.20
DJ futs +24. regional flat. Ciommodity taking a breather, -1%.

FKLI
another defensive play, maybe similar pattern like yesterday. While DJ overnight weak, regional and Dj futs behave +ve this mrng, so no breakdw foresee. Stuck in 10-20 again.

FCPO
SO -0.8% , 3700 have to wait. 3660-3700 seen. Fresh sell signal if < 3660. Otherwise, neutral range eyeing 3700 breakout.

Fcpo wrap...breakout higher scenario ..

Looking good for a breakout above 3700, targeting 3800 this week. Above 3660 is bullish

Fkli wrap....bulls defending well..still fresh from Fri's run

-internal momentum support, no breakdw but mostly cautious all day on Libya/CO concerns. Sideways in –ve zone, 10-15, b4 a late surge after 4.45pm on the back of strengthening DJ futs and Europe. Dj futs +2 from -40, Europe +0.2% after a soft opening, in late Asian hours.

-technically, a neutral day but favoring bulls following a strong closing based on +ve expectations rather than freshly ignited momentum. A strong run only if fbm >20.

-above 1510 is bulls court.

Morning start...fkli soft 1415-20 fcpo firm 3650-70

DJ -80, Europe marginally lower on high crude oil prices factor again.

8.30
DJ futs -4. Regional within -0.5% to -1$. Commodity mostly firmer. Only GOLD and CO big gains, +2% n +3% respectively

FKLI
-looks like 10-20 range, but dwward bias seen, below 15, amid weak external but GLCs could spur surprises just yet and tech support following Fri's strong signal.

FCPO
SO +0.2%, not much to boost fcpo. 3600-3700 range. Above 3650 is upward bias.

Fcpo wrap....testing short term resistance...3700

-bullish closing, with more upside expected next week, targeting 3600-3800 range in early session of the week.

Immediate support is raised to 3600. Failure to defend this support is likely to see 3400-3600 sideways range, especially if 3700 is a tested resistance.

Fkli wrap....ready for 1540(again) b4 pullback...

-big range but mostly 20-25 all day. A domino of buystops trigger in the opening mins, above 17 all the way to 39.5. Why dealers/players do things like this is beyond my comprehension !!! Too many times with BMD products. Thereafter, super tight after the first 5 mins mood swing, 19-26.5 in AM and 20-24 in PM

-regional strong, +1% on HS leads, +290. But , Dj futs n Europe flattish in late Asian hours as CO scales new height. CO vs US eco growth. I think the latter will grab investors attention more this mth following strong Feb job data. While CO is high but “we seen it b4 “ lvl. So, no big deal, inflation play “should” come into the picture later .

-technically, quite a reversal. From breakdw scenario to possible year high again this mth. Trading range is raised to 1500-1540 next week. Bullish if > 1510, targeting 1540+ as the next move.

Morning start...fkli strong 1515-20 fcpo firm 35903600

DJ +190 on Feb strong job data. Europe +1%.

8.40
dj futs +8. regional +15% to +1.5%. Commodity flat.

FKLI
testng 20-30 range with kneejerk towards 40. above 15 is bullish

FCPO
SO +0.2%. profit take for the day but maybe strong start of equity feel good factor. 3550-3650 trading range with dwward bias if < 3600.

Fcpo wrap....profit take as CO off highs

-profit take activities cap fcpo upside near 3600. Chances are more pullback tomorrow towards 3550 lvl while maintaining a +ve posture for next week, 3600-3800.

-likely short of a reversal scenario this week, further upward, 3650-3700, tone would attract profit take sell tomorrow. But, bulls operation is in the picture if mkt stays above 3500. Therefore, mkt is entertaining a possible re-visit towards 3800 again

-above 7SMA is bullish

FKLI wrap... +ve and entertaining a reversal....next week

-strong, off highs after some kneejerk buying in AM trading. Mostly ranging in PM but maintains +ve tone on tech and external feel good factor

- Regional ignores surging CO price this time, steady and re-focus on economic growth ahead of US employment data this Fri. Expectations +200k job. In late Asian, Europe +0.5% DJ futs +50.


-above 7SMA/1500 is bullish, targeting 1520 this week and 1540 next week.

HKex new timetable....effective 11 March 2011

Longer trading hours, +1hour. Shorter lunch break from 2h to 1h 30mins. In phase 2, effective 5 March 2012, lunch break will be reduced to 1h from 1h 30mins. Fast food rocks.....



Stock:
9.30am -12.00pm, 1.30pm-4.00pm (old 10.00am-12.30pm, 2.30pm-4.00pm)

Index derivatives :
9.15am -12.00 pm, 1.30pm - 4.15 pm ( old 9.45am-12.30pm, 2.30pm-4.15pm)

Mornign start...fkli firm 14951500 fcpo strong 3600-30

DJ, Europe flattish, better Wed than Asian's Wed.

8.35
DJ futs +6. Regional near 1%. Commodity strong tone continues. CO +3%. GOLD near record high.

FKLI
seen firmer tone, reduced-discount on expectations fo fbm to crack 1500 resistance. Bullish tone if fbm >95. 95-05 range upward bias seen.

FCPO
SO+1%. 3700 likely if fcpo crosses back above 3630. Dwside seen limited to 3550+

Fcpo wrap... above 7SMA...first since 3900 breakdw

-out of bears territory thanks to strong commodity tone today following CO surge above $.100.

-late selling activities pull fcpo back under 3600 but bulls can cheer as mkt is back above 7SMA, meaning a breakdw scenario under 3400 will take a back set first. Mkt seen venturing into sideways with resistance testing scenario. 3500-3700 seen this week. A reversal of Feb11 dwtrend seen if > 3700.

-bullish if above 3500

Fkli wrap....fbm strong despite weak externals

-early selloff on weak DJ overnight negates bulls strong effort on Tues. No cut loss. But at the same time, mkt survives a breakdw thanks to Tues momentum. Buying in GLCs keep supports intact. Externals weak, HS -350. Europe off to a -1% in Wed trading.

-technically, a neutral day. Upward bias as support remains, 1480. Mkt is coming to a corner for a good breakout opportunity of 1480-1500 band. Extension of recent dwtrend or consolidation 1500-1530 range this week….which one !

Morning start..fkli weak 1495+ fcpo strong 3590-00

DJ -170, Europe -1% as CO spikes above 100 mark for the first time since 2008.

8.30 :
DJ futs +2. Regional reacts negatively too to CO spike. NK -1.5% .GOLD +1.5%

FKLI
bad news for bulls as externals will hamper yesterday's follow through buying activities. Profit take sell seen but no breach of major support either today. Seen at +ve range of 1490-1500 if fbm> 1490.

FCPO
SO +1.5% , fcpo seen taking 3550-3650 +ve range. Bullish if > 3520 today.

Fkli wrap...strong bounce...back to bulls court

-strong external in PM. DJ futs +70. While flattish in AM, regional catches up with DJ futs with a +0.5% gains. Europe +1% on strong manufacturing data.

-GENTING, +0.27, lead fbm surges above 1500. Kwailow buying after selling blue chip in weeks ?...RM very strong.

-A big relief for mkt bulls as 1480 breakdw fear is alleviated somehow as mkt is likely to shift to +ve sideways tone but unlikely to reverse it dwtrend tone this week.

-with 1480 as confirmed support, after 3 attempts, tech focus now is towards hitting the upper band of 1480-1520. Above 1490, upward bias this week.

BMD voloi data : fkli OI plunges.......

Like in Jan, strong vol in Feb for both.

While fcpo oi on uptrend this year, fkli oi plunges to years lows, 13,347 as at 28/2. The lowesrt since 2005.

Retail checks out following 24/2 sharp drop. Oi is expected to increase on the back of a strong mkt.

Kwailow seen reducing position by 3% - 5% in Feb.

At a glance...Feb performace....%

silver squezze continues ?? after last year investigation of short holdings by US invesment bank ?

kind of mixed so far this year...volatile as players figure whether inflation will halt growth. Warren Buffett says it will not.....can his loaded elephant gun kills bears ?

Morning start..fkli firm 1485-90 fcpo firm 3500+

DJ ends Feb on upbeat tone for a lack of fresh violence in Libya. A bumpy ride in Fed. Europe mostly higher

8.30
DJ futs +13. regional +1%. Commodity mostly lower. CO -2%.

FKLI
time for Mar to catch up. 1480-1500 remains hopeful for mkt bulls if fbm > 1490. Fresh selling seen if fbm dips under 1489 today.

FCPO
SO +1% , enough to push fcpo bakc near 3500 and likely to take 3450-3550 familiar range with upward bias if >3500. No big selloff seen if 3420 support stays.