FKLI : morning gossip... 1035-1040

DJ -200/2%, ending at three-week lows, as the World Bank's weak outlook on global growth and a selloff in commodity prices sent investors heading for the exits...CNN

8.30 : DJ futs +13, NK -200/-2%, Kos -2%. Commodities price lower.

Fkli look set to venture into 1030-1050 range in the coming days. . A gap down opening expected near 1035. Market is expected to be bearish today.

And the same time i dont think we will see 1000 yet, at least not today. Knee jerk reaction possible below 1030 but it looks a strong support on closing basis. At 1030, Fkli is down 1.3%.