Bollinger band reading : side way range bound upside biased.
MACD Histrogram : continue lower, buyer profit taking activities continue.
Support : 1300, 1290, 1280 level.
Resistant : 1310, 1318, 1325 level
Comment :
Quiet market thin trading FKLI ended the first session 2 ticks lower as no fresh catalyst to lead market direction to no where plus a mixed development on the Asia regional market. Hourly chart showing a tight price spread side way range bound market with upside biased reading.
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