Fkli May contract become spotmth contract Apr(spot) contract end up and close at 1716.5 May contract close at 1708.5.
May-FKLI it high was 1711.5 , so coming trading day will it open at around 1711.5 or above 1711.5 so as to match Apr mth close ? if the big boy still wish to push up FKLI I believe they may push it to 1717 or higher so as match SPOTMTH chart pattern , if they they want to press down the FKLI they may open high too then press down .
my 2 cents view.
OK I will update here for today only . Will an advise from me to some of FKLI traders here for me FKLI not a good game to play, cos it all the time was manipulated. CI was motivated by 30 counters yet CONTROL by about 5 counters ,they are BAT, PETGAS PETDAG, CIMB. Every time they want to press down or push up the CI they will just play with this few counters BAT was the one they make use of it first then after that make use of other counters .
My advise is try stop FKLI and play CPO will be more better. I only know the market tends to do better when there is a president trying to hold on to office since there is a feeling that he will take steps to ensure that the economy is as strong as possible when the election rolls around.
Thursday, May 2, 2013
