2005122 So if we took a long position at the support levels indentified just after lunch (892-894), what do we have going for the position? 1) The day trend is stil up, as the daily macd and stochastics have not crossed down and 2) the FKLI is trading at a big discount to cash index with less than a week to expiration. Net net the position has a good risk-reward equation. However things may yet change, depending on the price action next day or so.