FKLI has broken and gotten itself a new high of 1608.5 today.
O - 1599.5, H - 1608.5, L - 1596, C - 1607.5
Fed Ben Bernanke will be on air tonight, we are all anticipating for QE3. As of now, DJIA is @ +1.93 pt / + 0.02%, very flat, has not gotten a direction to move yet.
His speech would be most likely be deciding the movement of the US market tonight and for us Asian market tomorrow.
Support levels for now @ 1607 - 1600 - 1597.
P/S : Sorry for the untidiness as i accidentally draw wrongly, therefore i have to apply some liquid paper on the graph paper. I know it's ugly to look at :-(
Please watch out, MA 100 and MA 50 are at a very close distance. It might or might not cross. If it crosses, that will not be a really good indication then, though the candlesticks are still above the MA's.
Let's watch how strong can the support be.
Bit overdone. Pullback needed prior to resumption uptrend
ReplyDeleteWhat would be the levels that would act as good supports as of now?
ReplyDelete1600 as temporary psychological support. If enough momentum is garnered, then we may see 1580. Thereafter... crystal ball very blurry and my eyesight not good.
ReplyDeleteha ha lol..
ReplyDeleteMax, it is currently staying above 1600 level. Superb!
Coming to the resistance level already, very soon.
Yea, need to respect the 1600 psychological level one.
ReplyDeleteThereafter its a whole new story again wor...
Thursday FGVH listing, erm... i think will have to support well kua.. If not how to push up high high le? :P
ReplyDeleteWell, I m thinking perhaps Mon Tue a slight pullback, Wed rebound then Thurs new high. But its all very idealistic :P
ReplyDeleteAgree it ll be new high, and CI will continue into uncharted territory
So far, it is working accordingly to your prediction. :P
ReplyDeleteBtw, do u have a fb acc? Do u log into fb? Perhaps i could add u into my group and its more convenient to comment from there straight on the spot? If u dont mind. :)
Not too bad one my predictions, haha. OK, dun so bangga else hancur...
ReplyDeletePride cometh before the fall.
Well good idea actually to use FB since there are notifications etc. But I think for now, I shall remain mysterious :P
By the way, nice new layout
Whoa.... Mysterious person... Ha ha, sounds scary but interesting..
ReplyDeleteIt's just like a spy game, ha ha ha.
He he, i have to redo the whole thing again by changing the layout. Didn't know that, until i got it changed. Wasted my time n strength on this.
Hehe..
But thanks for the compliments, however i do not know why some of the sentences were being highlighted though i didnt do so. i just cannot seem to adjust it to normal, wonder why?
And thank you so much for being my loyal reader and commentor.. Hehe.. Thanks for the advises n guidance too.. :)
Hahaha spy game.
ReplyDeleteCan't help you with the blogger stuff. Been a long time since I last blogged :P