FKLI traded side way in the morning session to closed 7.5 points lower at 1253.5 in unison with major regional Asia market. The last hourly candle still able to maintained itself above the mid Bollinger band = market still positive biased. Bollinger band width stay nearly unchanged = neutral view. However, MACD Histrogram getting lower and lower = profit taking activities took place through out the session. Immediate support level stands at the mid Bollinger band and should this level of defence failed with MACD Histrogram going further down, the next support will be 1244.5 level.
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