FKLI Daily: weak

Market manage to bounce back to stay above 840 level after hit the intra-day low at 831. However, the immediate technical landscape remains weak as market is losing off its strength to hold on. As for now, support is pegged at 827.5. For upside, immediate resistance is at 847-848 (gap left over 1/12/2008) followed by 864.5-865 (gap left over on 28/11/2008).