KLSE Hourly: covered morning gap left over

Market hit the intra-day high at 1040 but unable to sustain and eased off to cover the morning gap left over at 1040-1026. Looks market will due for consolidation and correction in near term. We look for the immediate upside resistance at 1040-1042 (remaining gap left over on 12-15 Sept, 2008). For downside, support is at 1010-1000.