20061117 5:15 pm. Looking at the daily chart of the FKLI, we can see the speed and extent of the current bull movement in price. RSI is at overbought levels, but there is yet to be any divergence forming, so this doesn't give any clue as to any end to the trend yet. Although the MACD is climbing st a steep level, which also indicates unsustainability, the MACD histogram says otherwise, pointing to continued momentum. How best to trade this? One idea would be to look for a retracement and somehow enter in the direction of the uptrend. But we will have to observe price action to confirm any biases.




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