May09 : 979.5/1000.0/979.0/994.0/+21A record drop in U.S. business inventories in the first-quarter and surprisingly robust consumer spending were widely seen by economists as positive pointing to a growth pick-up in the world's largest economy in coming months. CNN
The U.S. Federal Reserve tweaked its policy statement to say that the economic outlook was improving while vowing to keep rates at a historic low for a long stretch. CNN
Regional mostly 3% higher, China mkt +1%, Taiwan +6%
Cash 990.74/+23/+2.4%
FKLI sell-market was shortlived this week as price turn into buy territory today in an exceptional bullish tone. The market has conquered back 980-1000 band convincingly today, giving it a strong footing for an attempt to break into 1000-1050 range next week.
Consolidation zone : 960-1000. Upper half - positive. Lower half -negative
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