FKLI wanting positive but upside hampered by weak cash mkt. FKLI made a brief jump towards 850 but was pullback later as the cash erased gains. Cash succumbed to profit take sell, from 846 to 842, after DJ futs turned negative from +50p. Another quiet day.Still waiting for a breakout after 3 days and its not getting any easier finding direction from the chart. Anyway, above 835 or 840 is a trading-buy.
Still, intra-day play, very-short term play and range bound play, 830-850, mkt. Those stuff that make you work very hard but does not pay off well !!!
To the upside, not much expectations but a break above 7SMA tomorrow would target the yellow line (14 SMA).
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