9:24 am - FKLI gap down EXTREMELY

My stop at 945.5 triggered at 940.0. Due to 200+ pts loss of DJIA, our cash mkt has to go down. This week saw DJIA lost -500 pts due to higher inflation and FEd interest rate hike.

The bullish days (I think is over) and look for opportunity to short on pullback.

I am clearing all my stock portfolio for clients.

Last Black Monday for DJIA to experience 1987 Oct 10 was -500 pts drop. Are we seeing a repeat ?

10:15 : FKLI long position is triggered at 950.5

Stop loss at 944.0

8:40 pm - FKLI came down close to 957 but my stop at 956.5

I survive for today. I hope to do better tomorrow.

Stop is at 956.5

10:59 am - Trade #15 is long at 951

Stop loss at 947.5

9:27 am - FKLI just gap up due to TNB single share

THE MACD has cross up. Long position is on but waiting for a good entry.

I tried to enter yesterday but did not get my price filled at 945.5

Good entry at 950.0/950.0

5:17 pm - FKLI abt to cross up.

Cash took a turn and decide to breakout on the last 1 min.

Tomorrow wud be an interesting day. Look to go long on dips provided MACD have crossed up.

5:01 pm - Cash appearing to be reversal.

Appear a reversal bar at the top.

5:01 pm - FKLI cross down again.

Look to go for long.

4:28 pm - Trade #14 is stopped out at 944.

Break even trade +1 pts.

9:52 am - Move stop higher to 944.0

2:56 pm - Stop at 941.0

9:55 am - Trade #14 long at 943

MACD cross up for May contract.Stop loss at 940.0/940.5

11:14 am - Trade #13 ended with 3 pts profit.

FKLI May MACD had cross down and is trading below 50MA. This is the last day of April contract. Wait for May 2 to trade and signals are mixed.

11:07 pm - Trail stop to 940.0

Trade #13 is in the money.

FKLI is only few points from the historical high at 954.5

9:37 am - FKLI May Contract long at 938.5

Sell stop at 936.5. This is trade #13

4:18 pm - Trade #12 is out at 940

Today, there is a lot of short covering in the morning as the short did not work.

FKLI MACD abt to turn up. At this junction, go for May contract so we can rollover to the next mth.

4:56 pm - Trade #12 is shorted at 938.0

Stop at 941.0

11:03 am - Trade #11 is stopped out at 941

Long at 943 and got out at 941 with a loss of -2 pts.

The FKLI now has turned down - MACD had crossed down and sell signal is on. FKLI is dippg below 50MA.

Daily pivot
R1 = 946.0
P1 = 943.5
S1 = 940.5

12:20 pm - FKLI cross up and long signal

FKLI traded higher and broke up. Trade #11 is long at 943.0

Stop loss at 941.5/941.0

10:42 am - FKLI MACD abt to turn down.

No short selling since it is above 50MA.