Fkli wrap....trading sell..nearing last short term defense

Regional extend losses. HS -180/-1%. NK more badly burnt, -260/-3% ( -1% each for strong yen, weak machinery data and China factor.!! –triple punch!! )

Yesterday China, today also China. But not direct spillover effect from SH bourse, SH +0.5%, rather the implications to its trade partner on fear of a slowdown in China demand.

Back home, weak start, weaker finish, not only extending but further reinforcing a trading sell status. Fkli is at the descending triangle support but still an early call unless fkli regains > 52. 1340 looks likes a solid support this week, anticipating profit take buy