-engaging –ve tone on Fed-hike but fbm very resilient all day long on GLCs. Fkli also off lows after 4.30 pm as European mkts have “calmer” reaction. HS clsd near the day lows, -520 almost -3%. However , both European and DJ futs off lows in late Asian hours. Europe flat from -1% DJ futs -50 from -90.
-fkli feb10 recapture 1250 support on discount play after fbm closing. It survives 7SMA support, avoiding strong technical sell signal for another day. Still, negative-bias till it crosses above the dwtrend line or 1260 stop.
No comments:
Post a Comment