Another day without trade. Due to the rollover, not much action was seen on the KLOFFE. Perhaps KLOFFE will be more volatile tomorrow since it is the first day of the month. As usual, we’ll have to monitor tonight’s DJIA performance to have an idea which direction KLOFFE will be moving. However, it has been seen in a trading channel for the last few days. 1140 should be the near term support level. The upper resistance level should be at 1157. Despite of that, the DJIA fluctuation could bring KLOFFE to either extreme tomorrow.

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