5-day winning streak, totalling FBM +25 Fkli +30.
AXIATA,TENAGA strong from start. Further boost from strong regional market, SH +2% HS +1%. DJ futs also very strong +50. Banking led.
However, fbm looked toppish at 20 all day long while fkli maintained premium especially Apr10 contract (far right candlestick). Fkli increased its trading range by a notch to 20-25. Quiet with 80% vol derived from rolls. Bulls started to take position in Apr10 contract.
Technically a positive day, slow but 1340 target solidly intact. The uptrend support is raised higher (the lower red line).
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