FKLI went ahead of cash ( 847.9/+6p) on technical buying following a break above 7SMA. Regional all positive. But DJ futs negative throughout,-20 to -40.
Cash also managed to stay above the 7SMA. 7SMA now acts as support. Both market is now a buy market but gains for the rest of week is likely to be limited aorund 860 or 14SMA.
Next week, a mini rally can be expected if the market manage to hold above 850, more so if cash finishes above 850.
Financial Markets Will Move To Asia
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Chicago, they invented the Soybean futures contracts. But now, China uses
more soybeans than ... *READ THE REST OF THE ARTICLE ON THE NEW WEBSITE:
JIM ROGE...
5 years ago
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