FKLI : morning gossip.....1145-1150

DJ -34.

8.30 : DJ futs +4. Regional steady. NK +7 Kos +1

Wait n see for Fkli direction, mostly within 1130-1150 for the past 3 days. It looks like a renging mkt today.

Can the mkt hold up its run today ? I dont know. But will use 1140 as a benchmark. Below 1140, risk of a pullback is great...if so technical support is seen at 1130.

To the upside, above 1150 would inpsire bulls to revisit 1160 again.