Tuesday, September 30, 2008

FKLI Daily: good closing on pre-Raya holiday


Market recouped all its early losses to end higher had given some cushion to the market downside momentum. A long white candle printed was not enough to change the immediate technical landscape as market remained at bearish territory. More support confirmation was needed. Currently, we look at the support at 961.0. Upside resistance is at 1036-1039.