FKLI : morning gossip.....1180 in and out

DJ -90, with a pummeling in bank shares and jitters ahead of a Federal Reserve announcement giving investors a reason to retreat. ..CNN

8.20 : DJ futs +4. Regional down almost 1%.

Negative tone will prevails first and..... for the rest of the day ?

Mkt is set to create new week low today. Downside will move to 1175-1180 band if fbm breaks 1180. Otherwise, there is still a chance that the mkt can find support at 1180 on fbm's resilience. .....dragging the mkt uptrend tone for another day.