DJ +180/+2%, stocks surged Monday, with financial and consumer shares leading the advance, as investors welcomed an analysts' improved outlook on Goldman Sachs one day ahead of its quarterly report. .CNN
8.30 : DJ futs -5. NK and Kos +2%
Fkli is likely to return to it recent resistance lvl near 1070. It represents a 1% gains, which is small compare to the norm of 2% at the moment, however, FBM will have to lead from 1070 and above.
The question is can external factors 100% reverse yesterday's negativeness in a single day. I think the mkt will remain cap by the recent resistance to the upside today. Another consolidation day....blah blah boring
Above 1060 is a buy mkt today.
5 years ago
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