Fbm 5-day winning streak, +28p, but toppish at 1330.
After a strong gain in the first hour of trading, fkli upside was halted near 35 after seeing fbm struggled with 1330 resistance. However, with regional +1% in AM, fkli stays premium. Selling started in the PM session following DJ futs -50 after the lunch break. PM generally quiet, at par after a tug-of war at 1330 saw bears the winner.
Technically, internal sign of slower momentum with some profit take sell as mkt nears major resistance zone. Dwside risk towards 1315++ is the immediate concern if 1) fkli <1330 and 2) fbm < 1324.
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