Bollinger band reading : correction range bound little upside biased.
MACD Histogram : recovering, buyer still in.
Support : 1640, 1630, 1623, 1615 level.
Resistance : 1650, 1660, 1670, 1680 level.
Comment :
FKLI closed unchanged with little improved volume transacted doing 9 points premium compare to cash market that fall lower. Overnight U.S. markets closed firmer and today Asia markets ended mostly higher while European markets currently trading little higher.
Most regional markets reacted positively to Germany supported European Central Bank Bond buying program that ease the current Europe's debt crisis.
Daily chart reading still suggesting a correction range bound little upside biased market development.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistance or strength with quick cut loss and profit target.
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