Wednesday, July 15, 2009

FKLI: morning gossip...higher on DJ futs..1082++

DJ +27

8.35 : DJ futs +60, very strong indication. NK +50/0.5% Kos 2%

While DJ finished +ve overnight, the gains were smaller than expectations. But DJ futs is picking up some momentum this morning. Can the sustain ysterday run up ? Yes, but do cautious around 1090 lvl as profit take is likely to set in.

Above 1080, a buy market targeting resistance lvls. Below is a trading sell, targeting first 1076.5 the immediate support, and if external factors get worse, probably 1070-1080 range.

1076-1093 "normal" range.

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