Morning Traders,
Alright. US market closed down slightly. Nikkei is up this morning. We also have ECB meeting tonight so trade cautiously.
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As for the home front, I am still keeping my long positino from 27 as long as price can still hold up here. If I see a sharp pull back, then I might close the position and secure the profits.
There seems to be sellers around this morning but the cash market seems to be holding nicely still.
Here are your levels for today:
FKLI
Upper Resistance: 1635, 38, 41, 43, 45
Lower Support: 1633.50, 29, 27, 24, 22
Cash Index
Upper Resistance: 1635, 38, 40, 43
Lower Support: 1632, 29, 26, 24, 22
So trade safe.
Best Wishes,
Tech Trader
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