DJ +80, having responded strongly to a debt auction and lower jobless claims.
8.30 : DJ futs -14. Regional softer. NK -0.7% on stronger yen. Kos -0.1%.
No to expect much upside in the initial stage before HS opens. Fkli is expected to find support at 1200 as long as fbm stays above 1196++. To the upside, the mkt needs to see 1210 to revitalise mkt bulls today. Otherwise, a consolidation mode wiithin 1195-1210.
Sell stops below 1200.
5 years ago
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