Trade #13 was triggered at 919.5 and stop out at 917.0 where MACD cross up this morning.
The trade was in and out within one day. This is a significant event as FKLI have exhausted its bullish run. The FKLI is evidently showing bearish divergence.
Trade #13 ended with a loss of 2.5 pts.
Lookup for FKLI to cross down at MA 50 to go short from here.
Think of short position more than long.
Thursday, January 12, 2006
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