FKLI Nov2009 contract closed 1250.5, 11.5 point higher in unison with regional market due to the Dow overnight bullish market reaction on US GDP recovery. Hourly chart wise market still trading side way at above Bollinger band inside a narrowing Bollinger band width. MACD Histrogram slide lower marginally shows that seller activities are mildly done. Overall a side way downward biased market due to weekend effect.
No comments:
Post a Comment