Very quiet day. Klci clsed above 1090 but off highs as players take profit ahead of the weekend. Fkli jumped from 1087.5 to 1090.5 in the preclosing phase after a sluggish performance that lack of a fresh momentum. Retail were said to be mired by "too high" fear factor. Regional finished positive especially NK and HS that could see as a springboard to further leg up next week.
Technical picture is looking good to challenge 1100 next week. This lvl seems toppish this week but expect more buying interest next week if mkt moves towards this resistance next week. Upside target is to move to a new trading band of 1100-1150. A slow and steady move trending along 7SMA like the previous week.
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