Wednesday, May 5, 2010

FKLI Daily: Dark cloud covered


Dark cloud covered following prices touch and go at the fresh high at 1352.5 to close low. Thus, market still needed more strength to build up a concrete base. Thus, it may want to cover the left over gap at 1337.5-1334.5 levels. Next support will be looking at 1327 followed by 1320 levels. Upside resistance is looking at 1352.5.