Tuesday 12 June 2012

12th June 2012 - Morning Updates

Morning Traders,

Firstly, million apologies as I couldn't get this out before the market opened today..

I'm in a rush so trade safe.

Here are your trading levels:

FKLI

Upper Resistance: 1575, 1580, 1583, 1585, 1587, 1589
Lower Support: 1570, 1565, 1562, 1560, 1558

Cash Index

Upper Resistance: 1580, 1582, 1585
Lower Support: 1576, 1573, 1570, 1566

I have no position as of now. Last night US market drop, but I think that it is not so serious as we gaped up and we just gave back the gains of Friday.

This week is triple witching week so trade safe.

Best Wishes,
Tech Trader

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