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.