FKLI will open a few points down with Dow Jones closing more than a 100 points down. For the first trade, one can attempt to Short 1-3 points above the opening price. Try get 5-7 points profit, place a stop loss 5 points away and close your position by the end of the day. Today's trading range is expected to be between 1685-1700.
9.48 am - FKLI seem to be getting some buying and briefly went up to 1700. If it passes 1702 then one can go in for a Long. Those of you who did not catch the first wave down this morning shouldn't short anymore.
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