Global markets have made substantial recovery post Japanese disasters & Arabs fiasco. Barring any negative newflashes, majority of markets are expected to claw their way back to respective levels.
Resistances >>> What about them?
RESISTANCE ARE THERE TO BE TAKEN OUT
FBMKLCI will prevail >>> Buy Bluechips !!!
FBMKLCI can be excused for what may looks like minor slackening. This is healthy consolidations from recent rebounds post Japanese & Arabs double whammy. Election fever & Govt Transformation Projects will drive FBMKLCI to challenge all time high and beyond, barring any reoccurance of unpredicted global phenomenons. FKLI will soon turn from DISCOUNT to PREMIUM. Not a matter of IF but WHEN.
Crude palm oil futures on Malaysia’s derivatives exchange extended gains Monday, buoyed by a widening discount to rival soyoil and broad-based bullishness in agricultural commodities.
FCPO Recommend >>> Buy On Weakness
Crude oil boosted by a weaker Greenback and post disaster energy demands in Japan. Bullish technicals are pointing towards an initial $115 target
HAPPY TRADING
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