Wednesday, June 6, 2012

FBMKLCI for 7/6/12

KLCI as of 6/6/12


As from my previous post, i did mentioned of 1560 level to be monitored, as there could probably be a breakout from that level settling around 1565 level, and it did happened today. 

Well, FBMKLCI opened @ 1563, High of 1572, Low of 1563 and it finally settled down and closed @ 1569, which is already above 1565, supported by 100 days MA. Chg as of today +9.07 point (+0.60%).

Next level which we are looking out for is a breakout @ 1575, which i believe would most likely be surpassed by opening session tomorrow, and therefore we should be looking next is the range between 78 - 83 level. 

DJIA as of 1142pm, + 206.55 (+1.70%).

All the best in tomorrow's trade, however please be on the lookout because the report of Initial Claim would be out 7/6/12, 830am US time. 

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