FLKI performed as I had expected. The only thing is half way, it went up to as high as 1282. I thought my prediction was wrong.
Today the FLKI opened flat but tested the low o 1269 after an hour. I put a short at 1273 but the FLKI went above my short position almost the whole afternoon hitting as high as 1282. I short another position at 1280 after noticing it did not break the 1285 resistance level. About an hour before closing, the FLKI trended downward and hit a low of 1270. I closed my shorts positions at 1270.5 and made 12 points.
Prediction
10.02 am The FLKI opened lower at 1262.5 and trended downward to lowest 1256.5. It was a sorry sight for long traders but a happy sight for short trader. I plan to short when the FLKI goes up to further most probably around 1265 but this target may changes in accordance with the market sentiments.
