Wednesday, April 14, 2010

Fkli wrap...back to weekly positive but...fbm @#$%





Fbm missed 40 target.. despite favorable externals factor. This caused fkli early upbeat tone to come to a halt, especially in PM but steady and maintained premium thanks to DJ futs +20 and Europe +0.5%.

Like yesterday, regional had a mixed day, still dare not rely on DJ small gains to make fresh move up. Both fbm.fkli quiet..only active in AM first 2 hours.

Fkli is back to upward-bias area above 40 but seems insignificant as its movement is heavily dependant on fbm amid a sideways tone.
If above "yellow" line/14 SMA...wait for a breakout above 50.


2 comments:

  1. hi kan,
    Y U so angry with FBM @#$%. Is still in consolidate mode until a break out ( UP/down) mah. haha

    ReplyDelete
  2. no angry...just losing patience...everything looks the same...so boring

    ReplyDelete