DJ +69 on 8 weeks wining streak as strong earnings offset fears of Europe default fears. This week major events are Fed 2-day meeting, result and statement on economy latest on Wed adn 1QGDP readings on Fri. Europe +1% last Fri.
8.30 DJ futs -1 Regional storng, Kops +1% NK 180/+1.7%. Commodity mostly higher. CO +1.7%. GOd +0.5%.
fkli : good chance to re-test 50 once fbm cross above 40 mark. trading range is seen at 42-50. Fbm is expected to reach and steady above 40.
fcpo : SO +0.1%. follow through will hold the mkt within 2530-2550 . Fresh tech buying is seen if Jul09 breaks 2550. Above 30 is +ve bias.
3 years ago
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