Thursday, March 30, 2006

4:59 pm - FKLI April hits lower to 921.5

trail stop lower to 925.5/926.0

11:29 am - Cash is turning south.


FKLi MACD had crossed yesterday. We are targeting April contract from now. After MACD crossed down, we can take short signal at 923 for breakout or short on pullback
at 927/927.5.

The order for short is for today which is within the 7 line bar change since MACD cross down.

Daily April Pivot
R1 = 932.0
P = 929.33
S1 = 926.5