20070626 1715. FKLI did trade 1361, the lower breakout level. However no follow through. (maybe it was too close to the closing) Shorts would be underwater by 2 points at the close. It is important to have a plan when trading. Since this was intended as an intraday trade, it is imperative to try to close out the 'wrong' trade and not hold overnight. THuman nature of not wanting to admit wrong is folly in trading leveraged financial instruments like futures. Don't let day trades turn into overnight position trades...