FKLI for 30th June 2009

As yesterday,
Sell signal was not triggered, no sell position on hold.
Long position: not occur as outlook was aim to short.

Result: safe from slaughtering.

For FKLI,
previous days forms Doji but today breaks new high.
outlook: Short

strategy for tomorrow.
if tomorrow FKLI gap up, higher than 1082, lower than 1094, stay out.
if tomorrow FKLI gap up, traded higher than 1094, stay out, - outlook turn bullish ( can try to long but cut loss around 1090 or 2 hourly bar low.)
if tomorow, FKLI traded lower than 1074, looking to short , cut loss would 1082.

things to observe,
Monday Dow Jones don't have special report
Tuesday kicks off the week with the Chicago PMI and the Consumer confidence reading. Wednesday: ADP employment, ISM manufacturing, Construction spending and Auto sales. Thursday the regular weekly Jobless claims, along with Non-farm payrolls, the Unemployment rate (10%?), and Factory orders.
Friday is a holiday in the States, Independence day

Tomorrow morning Nikkie index.