We continue to favour long on dip of KLCI between 1840 – 1850

The range bound behaviour plus persisted blue chip buying holding KLCI very well even Dow Jones has a bad week. We think the current position will be the same if there is no lead for next week. We have long a few contracts and closed with profit this week. Suggesting not to carry contract over night if not necessary to avoid unforeseen circumstance in case arises from Ukraine crisis or a chance in China or Europe direction.