4:59 pm - FKLI April hits lower to 921.5

trail stop lower to 925.5/926.0

2:56 pm - Short April at 923.0 for trade #8

Stop loss at 927.5

11:29 am - Cash is turning south.

FKLi MACD had crossed yesterday. We are targeting April contract from now. After MACD crossed down, we can take short signal at 923 for breakout or short on pullback
at 927/927.5.

The order for short is for today which is within the 7 line bar change since MACD cross down.

Daily April Pivot
R1 = 932.0
P = 929.33
S1 = 926.5

12:28 pm - Stop triggered at 932.5

trade #7 is out at 12 pts profit.

9:47 am - FKLI hits higher to 935.5

This is the higher it got since last high. Trail stop to 932.5

5:19 pm - Stop at 930.5

In the money +10 pts for Trade #7

5:07 pm - cash mkt break 932 and above.

It is important that FKLI break 932.5 and higher. Trail stop higher to 930.5

11:25 pm - FKLI still remained at 932.5

Trail stop to 929.5/930.0

5:12 pm - FKLI hits 932.5

Trail stops to 930.

5:02 pm - FKLI hit 931

Trail stop to 928.5

4:54 pm - FKLI hits 929.5

Trail stop to 927.5 for trade #7

4:31 pm - FKLI hits 929 again

Trail stop to 926.5

10:42 : FKLI gap up to 929

Trail stop to 926.5

12:30 noon - FKLI is trading at par now to cash mkt

It still has 5 days to closing and wud see FKLI pullback on Monday before it converge on friday.

12:29 pm - FKLI hits 926.

Trail stop loss to 923/923.5

10:23 am - FKLI hit high at 925

Trail stop to 922.5/922.0

11:26 am - FKLI trade #7 is long at 920.5

FKLI MACD cross up and 7 line change occur for buy signal.

Stop loss at 918.5

8:21 pm - This is the worst that can happen to a trader

THe FKLI market average daily range is 2.5 pts. What a day ? The mkt is moving sideway and the volume is so low at 795 that everyone goes into sleep.

5:48 pm - FKLI trade #6 ended with -0.5 loss

Stop out at 918.5 with entry at 919 for long position.

9:35 am - FKLI hits 919.5

Trail stop to 916.5.