Update KLCI & Futures

KLCI - is still in bullish mode. Prices remain above support of 953 & within upper channel of Bollinger Band. It is also riding the 10-day MAV upwards. No golden cross of daily MACD yet but RSI has stopped falling & should move up again if prices go up next week. Weekly MACD & RSI are still positive.


FKLI - CI Futures are also in bullish mode. Trending upwards & is above the resistance of 960. Another 2 days above 960 will be very positive. Daily RSI trending up & MACD is close to making a golden cross. Weekly MACD & RSI are +ve & the weekly candle shows a bullish trend as well. It is just 2 points above the CI & signs indicate continued uptrend next week.