DJ big rebound, +200 after better-than-expected earnings and forecasts from 3M, Caterpillar, AT&T and UPS helped reassure investors about the pace of the economic recovery after Federal Reserve Chairman Ben Bernanke told Congress the outlook for the economy was "unusually uncertain"..CNN. Europe +2%.
8.25 : Dj futs +15. Regional wihtin +1% to 2%. Commodity strong. CO +3% GOLD +1%. Dollar steady near yest ranges.
fkli : half of DJ gains already factored-in yesterday. 1345-47 waiting for fbm to challege 1340. fklis will turn bullish if fbm >45, to justify big premium. trading range is raised to 43-52.5.
fcpo : SO +0.2% meaning no immediate danger at 2500 suppoer, will give fcpo bulls a chance to squezze it higher if sellers fail to defend 2520, targeting 2550-60 b4 proftit take sell set in.
3 years ago
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