No fresh moves, within Thu’s ranges.
Despite weaker external, fkli firmer tone on fbm strength and bargains buy at 30s. Fbm strong on financials and GENTING Group. External lower but marginally and lack of direction from Europe/DJ futs in late Asian hours made a boring day today.
A firm week after a strong preceding week but finished the week with top-heavy outlook. It also managed to stay above critical support lvl, like 7SMA or 1330 – keeping its uptrend outlook.
Next week , bullish if fbm > 1340 as this would reinforce a push towards 1350s and if breakout occurs, bulls run is expected. Support is raised to 1333 or 1330. If broken, 1310-1320 target.
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