Palm | Kelapa Sawit

60 minute FKLI Malaysia Futures By Tokan Corner : As  the chart and Andrew Pitchfork show. The FKLI has stopped at the top of Andrew resistance line. The SMA 20 and SMA 50 still not crossing yet but the Slow Stoch has showing a ” Good Signal”. On  next Monday review the market will open high  and so watch out at 1584 point. A barrier of pivot and unsuccesfull attempt... if it succesfully... hit your seat belt and enjoy the ride.

15 minute FKLI Malaysia Futures By Tokan Corner : As  for today trade there was no any sign on 60 minute chart.. so Tokan switched to 15 minute time frame chart. As u can see  the defensive at 1574 and 1574 point is quite solid. By the time the Slow Stoch showing a uptrend movement. So Tokan going for long at 1576 and 1575 ( avg 75.5 2 lots ) and my new fella bloodscalper at Malaysian Futures grab Long at 1575 .By the market end it closed at 1580 point.

On my point of view the market next resistance is at 1584 point. So watch out for this level.

FKLI MALAYSIA PIVOT FOR 18 JULAI 2011

Malaysia Futures ( FKLI ) Suggestion Spot : (+/-) 2 point will vary.

Long Term Target : 1600+ zone area but pls do check our “TS” in handy ^_^

Here is Tokan Pivot for tomorrow for a guide

For FKLI Buy/Long :

1st  = 1571

2nd = 1574

3rd = 1576

For FKLI Sell/Short :

1st  = 1588

2nd = 1584.5

3rd = 1583.5

4^th = 1582.5

 Note : Tokan will SAR at 1584 or 1588 if condition meet.