FKLI closed down 3 point at 1264.5 after market opened gap down and took a wild swing to the high of 1270. The last candle bar still traded and resisted by the middle Bollinger band with the band width continue to turn narrower = market is likely to trade side way range bound downside biased. The last 2 MACD Histrogram bar show a some minor improvement = buyers are trying to gain control of the market. Overall market is likely to trade within the plotted downtrend channel on the chart.
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