M ay09 contract : 967.5/976.5/957.5/973.0/+9.5DJ futs +50p. Regional higher +2%, led by HS in the afternoon on talks that China would inject more capital into its economy.
Cash recovered early losses and turned positive toward the end. 967.46/+2p
FKLI is trading at premium as players bet on a US rebound tonight While off their lows. Our mkt remains below short term resistance lvl. So the bulls should not be cheering first. It seems the mkt may just stuck at the higher band, 960-980, at best if US strong tonight, ahead of the long weekend.
Still, a sell market.
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