Thursday, May 29, 2008

2:30 pm - FKLI, KLCI & DJIA are at 50% retracement.

FKLI is at 50% retracement at 1253 and well supported at this level.




DJIA is at 50% retracement at 12,429 and too well supported at this level.


KLCI is also exhibit the same 50% retracement.

If DJIA were to break below 50% i.e. goes lower at 12430, KLCI will soon to follow.

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