20090502 Daily, weekly and monthly FKLI futures chart. Monthly stochastics has crossed up, a warning that the macd MIGHT turn and cross up. Weekly FKLI is bullish. Daily stoch crosses down and macd about to cross down (or has done). Longer term path of least resistance is UP.(weekly and monthly), so dialy sell signals provide opportunity for position traders to take longer term positions long. Dunno if this analysis is correct, but time will tell.... For me, I am a scalper and intraday trader, so maybe it doesn't matter much in terms of FKLI futures, but hey if I were to hold any stock positions they should be longs for longer term players.