DJ +45 after a report showing a rise in consumer spending added to bets about the strength of the economic recovery.CNN. Europe marginally higher.
8.20 : DJ futs +4. Regional +0.4%. Commodity firmer tone. CO taking the lead with a 2% gain.
fkli : another chance for fbm to break 20 mark. Mar is seen steady near 25 first, ready to make another run if fbm breaks above 21. Bullish tone to start the day, if above 24, targeting 30-33 range.
fcpo : SO +0.6%, providing fcpo bulls some breathing space but mkt is likely to stay below the dwtrend line. 2520-2540 neutral range today. Below 20 is a strong intra day sell signal.
3 years ago
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