KLCI & Futures - Breakout?

KLCI broke the 970 resistance today on increased vol. All indicators are positive. No sell signal yet even though its on a 6 year high. Next resistance is 984 & after that 1,000. Dow Jones closed up almost 100 points to a new record high. Asian markets will probably respond positively & a rising tide will mean all ships will float higher so KLCI may go for 984. After that we only have one week of trading next week before a 3 day closure of Bursa for the Hari Raya hols & we may see the pullback only after Wed next week. Today should be an up day.


Futures rose even higher than the CI today. All indicators looking better so it may continue rising too with resistance at 990.