Tuesday, March 07, 2006
11:42 am - After 4 days of consecutive down days
This is a short covering activities where shortists cover their short position by going long and we see a upsurge in the FKLI.
Monday, March 06, 2006
4:52 pm - FKLI : Look to go long at 915 pts.
The daily pivot is 916.33, R1 = 919.58 and S1 = 913.0
FKLI need to stay about 913 for long setup.
FKLI need to stay about 913 for long setup.
4:35 pm - FKLI has been down for 4 consecutive days
There is a high chance of the FKLI to rebound after 4 days of down. Yes, we did miss the short signal but we do not catch them all the time.
Remember risk and money management to prudent futures trading.
Watch for the long setup and buy signal.
Remember risk and money management to prudent futures trading.
Watch for the long setup and buy signal.
Friday, March 03, 2006
6:35 pm - FKLI could cross up and selldown
FKLI cud not cross up to 920.5 and beyond and roll down hill.
There was no opportunity to long and it is in the downtrend as MACD had cross down.
There was no opportunity to long and it is in the downtrend as MACD had cross down.
Thursday, March 02, 2006
Wednesday, March 01, 2006
12:26 pm - FKLI did not cross up and selldown
Wait for 50 MA to cross down to go short. But not now.
Tuesday, February 28, 2006
10:40 am - FKLI March is crossing down.
IF FKLI March cannot break 927, it is going to cross down. However, it is still far from 922 (below 50MA) to go short.
10:11 am - FKLI Feb contract is closing today.
Cash gap up and it is not a good sign at the high of 931 and above.
FKLI reacts by gap down. If cash holds on, FKLI wud pick up by lunch.
FKLI reacts by gap down. If cash holds on, FKLI wud pick up by lunch.
Monday, February 27, 2006
10:56 am - FKLI rollover is still on with limited volume
There may be some opportunity in the this week for long position. Look for setup and buy signal.
Thursday, February 23, 2006
4:20 pm - March FKLI has cross up similar to Feb FKLI
There were no cross down for March FKLI and March FKLI cross up again to push up to 922.5.
Stay out for the time being.
Stay out for the time being.
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