20100219 1802 FKLI Weekly Chart Study.

FKLI closed : 1252, changed : +7.5 points, volume : lower.
Bollinger band reading : side way with slightly downside biased.
MACD Histrogram : getting lower but smaller scale, seller still in.
Support : 1250, 1232, 1200 level.
Resistant : middle Bollinger band,  1274, 1285 level.
Comment :
Not much change on the FKLI weekly chart reading that still call for a side way range bound market with some test at support and resistant level. Expecting market to consolidate further in the near term.