FKLI traded 1 point weaker to closed at 1266.5 for the morning session with lower volume. The last hourly candle closed near the lower Bollinger band with the band width turned wider = a weaker market sentiment with possible further downside. The last MACD Histrogram bar turned lower = buying interest still weak. Market could still go lower buy has yet to turned bearish with immediate support level at 1264.5 followed by 1261 and 1255.5.
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