Thursday, July 30, 2020

fcpo 29072020


#fcpo close at the high, but still below 5 & 10 MA. MA formation 5>10>fcpo>20 signal fcpo in short term correction and I will consider range sop until fcpo can close above 5 & 10 MA. 20 MA will be the immediate support.

klci 29072020



#klci close positive after a wild swing, MA formation klci>5>10>20. I will consider uptrend sop once break swing high.

Tuesday, July 28, 2020

fcpo 28072020


#fcpo heavy loss in 2 days, close below 5,10 MA. MA formation 5>10>fcpo>20. 

klci 28072020


#klci come back and close at high, MA formation klci>5>10>20. 

fcpo 27072020


#fcpo close below 5 MA, ma formation 5>fcpo>10>20. I will operate with uptrend sop only if price can close above 5MA quickly else signal price might trigger more correction towards 10 MA.

klci 27072020


#klci close in null trading, MA formation 5>klci>10>20. I should keep operate with range sop until a  breakout from range.

Friday, July 24, 2020

fcpo 24072020


#fcpo close at new swing high, ma formation fcpo>5>10>20 and  I should keep operate with uptrend sop cautiously as price travel too far from 5MA might trigger profit taking.

klci 24072020


#klci close below 5,10 MA, MA formation 5>10>klci>20. I should keep operate with range sop until a  breakout from range.

fcpo 23072020


#fcpo  close at the swing high on weather play again, ma formation fcpo>5>10>20 and  I should keep operate with uptrend sop cautiously as long as price still above 5ma .

klci 23072020


#klci close at the high, MA formation klci>5>10>20. Although MA back to bullish formation I should operate with range sop until it breakout from range.

Wednesday, July 22, 2020

fcpo 22072020


#fcpo  close at the low from new swing high , ma formation fcpo>5>10>20 and  I should keep operate with uptrend sop cautiously as long as price still above 5ma .

klci 22072020


#klci close at the low, MA formation 10>5>klci>20 signal short term correction coming, I should operate with range sop until it breakout from range.

fcpo 21072020


#fcpo  make another swing high but close at the low, ma formation fcpo>5>10>20 and  I should keep operate with uptrend sop cautiously  while fcpo still above 5ma .

klci 21072020


#klci close positive, MA formation klci>5>10>20, I should operate with range sop until it breakout from range.

Monday, July 20, 2020

fcpo 20072020


#fcpo swing another new high on better export estimate and fear of labour shortage, ma formation fcpo>5>10>20 and  I should keep operate with uptrend sop cautiously as price travel too far from 5ma might trigger profit taking.

klci 20072020


#klci manage to hold above 5,10 ma despite wild swing on certain blue chip. MA formation klci>5>10>20, I should operate with range sop as long klci can't break swing high. 

fcpo 17072020


#fcpo swing new high on fear of bad weather in Indon,Malaysia and China, ma formation fcpo>5>10>20 and  I should keep operate with uptrend sop.

klci 17072020


#klci come back above 5,10 ma on glove stock strong rebound, ma formation klci>5>10>20, I should operate with range sop cautiously. 

Friday, July 17, 2020

fcpo 16072020


#fcpo from swing high to close low on day 13, ma formation fcpo>5>10>20 and  I should keep operate with uptrend sop.

klci 16072020



#klci close below 5,10 ma on glove stock further down, ma formation 5>10>klci>20 signal short term in correction, I should keep operate with range sop unless klci can close above 5, 10 ma in few day.

Thursday, July 16, 2020

fcpo 15072020


#fcpo further up on day 12, rumour Indonesia July production will drop 40% and better 1-15 export figure trigger more buying interest, ma formation fcpo>5>10>20 and  I should keep operate with uptrend sop.

klci 15072020


#klci cross down 5ma, close at low on glove stock weaken, ma formation 5>klci>10>20, I should operate with range sop unless klci can close above 5ma and break recent high.

Tuesday, July 14, 2020

fcpo 14072020



#fcpo  finally breakout from range and close above previous high on day 11, rumour July production will drop 7~13% and China palm oil stock level low spark buying interest, ma formation fcpo>5>10,20 and  I should operate with uptrend sop.

klci 14072020


#klci reverse from swing high and close at loss on crazy wild swing in glove stock at day 12, ma formation klci>5>10>20, I should operate with uptrend sop cautiously as klci still able to stay above 5ma.

fcpo 13072020


#fcpo gap down again but reverse to close high on day 10, price stay above 200ma after several test, ma formation fcpo>5>20>10,  I should operate with uptrend sop once gap cover and confirm range breakout.

Monday, July 13, 2020

klci 13072020


#klci gap up past high and close at high on day 11, ma formation klci>5>10>20, I should operate with uptrend sop as long as klci stay above 5ma.

Sunday, July 12, 2020

fcpo 10072020


#fcpo reverse to gain from gap down, price still fail to stay above 200ma after several test, ma formation fcpo>5>20>10,  I will operate with range sop cautiously until range breakout.  I will closely monitor whether market can break 200ma and cover breakaway gap.

klci 10072020


#klci come back with gain from loss, close high at on day 10, ma formation klci>5>10>20, I will operate with uptrend sop as long klci stay above 5ma.

Friday, July 10, 2020

fcpo 09072020


#fcpo close at doji , ma formation fcpo>5>20>10,  operate with range sop cautiously before range breakout.

klci 09072020


#klci look exhausted, close at doji on day 9, ma formation klci>5>10>20, operate with uptrend sop still as long klci stay above 5ma.

Wednesday, July 8, 2020

fcpo 08072020


#fcpo close at the high , ma formation fcpo>5>20>10,  operate with range sop cautiously before range breakout.

klci 08072020


#klci close at the high on day 8, ma formation klci>5>10>20, operate with uptrend sop as long klci stay above 5ma.

fcpo 07072020


#fcpo back to range and close at low , ma formation 20>10>fcpo>5>,  operate with range sop cautiously.

klci 07072020


#klci close at the low on day 7, ma formation klci>5>20>10, operate with uptrend sop as long klci still stay above 5ma.

Tuesday, July 7, 2020

fcpo 06072020


#fcpo close above 5,10,20ma , ma formation fcpo>10>20>5,  operate with uptrend sop cautiously as long fcpo stay above 20ma.

Monday, July 6, 2020

klci 06072020


#klci cover another gap and close at the high again in day 6, ma formation klci>5>20>10, operate with uptrend sop as long klci can stay above 20ma.

fcpo 03072020



#fcpo failed to stay above 10,20ma and close at the low , ma formation 10>20>fcpo>5,  operate with range sop cautiously.
*any breakdown or gap down 5ma might signal new downtrend 

Sunday, July 5, 2020

klci 03072020


#klci cover gap and close at the high again, ma formation klci>20>5>10, operate with uptrend sop cautiously as long klci can stay above 20ma.

Friday, July 3, 2020

klci 02072020


#klci close at the high and break 20ma, ma formation klci>20>5>10, operate with range sop.

*20ma no longer slope up and getting flat.


fcpo 02072020


#fcpo close at the high above 5ma and touch 20ma,  ma formation 20>fcpo>5,  operate with range sop cautiously.

*20ma no longer slope up and getting flat, any breakdown or gap down 5ma might signal new downtrend 

Wednesday, July 1, 2020

fcpo 01072020


#fcpo retest 5ma failed and price back to range,  ma formation 20>5, operate with range sop.

fkli 01072020


#klci close at the high after a wild swing from loss, ma formation 20>10>5, operate with range sop, immediate resistance 20ma.