If this break 1150, we are in a downtrend. Watch this level.
Thursday, March 13, 2008
10:57 am - FKLI selling has stopped.
Short sellers are covering their short position. So FKLI goes up !
10:18 am - FKLI is trying close the down gap.
If the closing of the gap is firm i.e. FKLI closed 1189.0 at the end of the day. This is still a bearish market to come.
9:24 am - DJIA chart looking bearish yesterday and this cause our FKLI to selldown this morning.
If DJIA closed low tonite , we will see bearish days.