Wow ! FKLI reacted to my yesterday jokes mentioning that its half life near death(hahaha yet another jokes) ! Traded at a 13.5 points range market (haven't seen this for a while), market closed down 7 points at 1260 with improved volume probably due to trader trying to avoid risk holding position over the long weekend. Today's daily doji bar candle closed below the middle Bollinger band = market turned into bearish mode. The Bollinger band width still turn inward slightly = market can still move side way. MACD Histrogram stay nearly unchanged = buyer and seller ended with draw game. Expecting a side way market with downside biased should the Bollinger band start to turn outward in the near term with immediate support at 1251.5 ~ 1250 level.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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