Thursday, June 04, 2009

FCPO : morning gossip

DJ -65. European closed down 2%.

DJ futs -18 NK -60. Kos -4.

External factors will reinforce follow through selling for the start today. 1050 is likely to give way in initial trading with next immediate support near 1044.

Can the mkt reverse the morning expected fall ? Any upside will rely on outisde factors first like HS.

Below 1060 is a sell mkt.

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