4:51 pm - FKLI is trading in bullish terrority.

FKLI is trading at this point +12 pts premium.

Wait for DJIA closing tonite. If it is good DJIA closing > 150 pts, MOnday is selling day i.e. to take profit.

If DJIA closing low to slightly high, Monday is a day for going long.

As forecasted, when all the fund mgrs are on leave due to holiday seasons, they run the market up.

11:49 am - Looking for a re-entry to go long to ride this mini year end rally

On uptrend, FKLI wud retraced back to 38.2% or 50% retracement.

So if this top @ 1406 for today, then look to buy back at 1390.8 (38.2%) or 1386.0 (50%).

10:14 am - FKLI rebounds after 1 day of holiday.

As DJIA not falling too much and the regional markets are recovering, so too is FKLI.

Looks like FKLI has taken out the last high at 1397 with its today's high at 1398.5. On the intraday, FKLI is forming a double top. This is a strong resistance. If the top at 1398.5 is taken out, think to go long.