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Wednesday, July 05, 2006
5.00 pm - FKLI short setup is triggered.
Look to short on pullback. FKLi trading at 25 pts discounts.
4:20 pm - Cash trading at 23 pts discount
At this point, cash has to go down to correct the overly expensive discount.
10:06 am - Stop trigger at 905.5
Loss of -2.5 pts for trade #
FKLI MACD had crossed down. FKLI has been up for 5 consecutive days. It is time the bear to take over.
FKLI MACD had crossed down. FKLI has been up for 5 consecutive days. It is time the bear to take over.