DJ -112 at dya;s low on late retreat, weighing between Europe mess and internal economy recovery. Europe off lows in early trading to finished mostly lower, -0.5%.
8.15 : DJ futs +12 . Regional around -0.8%. Commodity quiet, marginally higher +0.5%.
fkli : both DJ/Europe perform better than expected but weaker tone likely to conitnued on regional's cue. Fbm seen near 75-78, so fkli likely to maintain 70-75 range first. Negative-bias within 70-80 range,fresh breakdw if fbm fails 75 support.
fcpo : SO almost flat to +0.2%.Neutral for Fcpo but since upward -bias if > 2450. Can it breaks above the 4-week old dwtrend resistance and return to consolidation phasr of 2400-2500. ?
3 years ago
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