FKLI : The turn had been made
With the Harami as foundation Support
FBM KLCI is a different kettle of fish altogether
Equities and derivative futures are as similar as a crocodile and a shark. Both are awesome killers albeit each in it's own respective manner. One is an amphibian whilst the other is a fish. Crocs lay eggs while the shark doesn't.
The FBM KLCI (aka a CROC) is a lazy, stubborn and most likely immobile while waiting for it's chow. The FKLI (aka a SHARK) on the other hand goes hunting for preys. Crocs can float like a log for as long as needed. Knows now why they call your old stocks "deadwood?"
The Croc gotcha ..... hahaha!!!
Sharks are always active; on the hunt and whenever they get a whiff of "yum yum", they goes into a frenzy feeding mood. Their favourite food is Premiums & Discounts. LOL!!!! And today Sharkey have a +3.66 pts Premium over the Croc .... better take note of that before you end up as breakfast, lunch or on the dinner table.
Ah Croc is, as always, lazy & stubborn and since we have to be a cowboy to ride a bull then you need to be Tarzan to ride a croc :P
Stay cool >>> best option WAIT and don't blink.
Crocs Alive !
Have you been to a crocodile farm? ZL think feeding time will be on schedule. I can see Ah Croc out of the water now >>> basking in the sun and waiting for it's "yum yum."
Note : The FBM KLCI is still below the 14, 21, 31 EMA - no dinner bell ringing yet. Unfortunately, it looks like dinner will not be served until the EMAs are taken out or till the Stochastic touches the 70% margin. Hold on to your hat or would you rather be that showman who puts his head into the jaws of Mr Croc?
Keep me entertained, the market is boring.
As for the FKLI Shark, always on the move and ready for the kill. You becareful of this bugger >>> Be Very Very Careful indeed. With a little more caution & patience, we may even get some sharkfin soup in our menu.
Recommendations
Buy On Weakness
(FKLI Only)
HAPPY TRADING & GOODLUCK2ALL
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