FKLI : morniing gossip...60-65 ..lower end first

DJ +30

8.30 : DJ futs -13. Regional flat to -0.5%.

Fkli is seen retreating back to 60 first as DJ gains were smaller-than-expected and fear of a gap-down in fbm index. I believe the mkt will maintain yesterday's positive tone - above 7SMA. But cautious if below 65 for a lack of intra-day signal.

Tug-of-war continues but bulls can have equal chance for the firs time in a week. The winner today is....