Weblog Disclaimer :
The information in this weblog has been obtained from sources believed to be reliable. Its accuracy and completeness is not guaranteed and opinions are subject to change without notice. This weblog is for information only and not to be construed as a solicitation for contracts. We accept no liability for any direct or indirect losses arising from the use of this weblog.
Friday, July 3, 2009
FKLI Daily: Bears attack
Bullish atmosphere is under attack following the formation of double top. Market looks may due for correction in near term. As for now, downside support is looking at 1055-1050 followed by 1030. To the upside, resistance is at 1085-1092.