Monday, June 25, 2012

FKLI for 26/6/12



O - 1606, H - 1615.5, L - 1602, C -1603

It came down to 1603 level this morning however it didn't break below support of 1601 which i posted earlier, and look at the breakout point at 1606 from the left, the 9th row. That is where a long is done, and it was a pretty quick profit for the day topped @ 1615 resistance level where i have posted too on my FKLI chart for today.

As from the time period from 9 - 9.20am. One could gain roughly about 7 - 8 points per contract. It's very rare to have such an opportunity though for a quick breakout and profit @ top. 

Congrats to those who entered long after 1606 break above!

Support for now @ 1600 / 1591.
Resistance @ 1607 / 1610.

DJIA is down with a 3 digit number -145.27 / - 1.15%, with Dow @ 12495.51 as of 11.23pm.

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