Once again the Malaysia Boleh spirit and this coming Friday budget announcement push the FKLI to another new high of 1267 before retracing down lower to closed at 1265, up 2 points. At closed today FKLI white bar candle sticking with the upper Bollinger Band proved that there is still no sign of the current bull run exhaustion. Bollinger Band width still expanding to allow for the bull to run up further. MACD Histrogram continue to climb higher leaving seller no choice but to close position. Another thing to take notice is that Hong Kong Hang Seng futures is doing discount of 60 points againts its cash market.
When to Buy : Buy on dip or at support with quick stop loss and profit.
When to Sell : Sell to take profit only.
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