Morning start...fkli firm 1340-43 fcpo firm 2430-40

DJ +70, rebounded from losses on speculation that the Fed is considering additional steps to encourage bank lending. Europe -0.2%.

8.15 : Dj futs +10, tech seen strong on APPLE. Regional +1%. Commodity +1%


fkli : seen back t0 1340-45 again after a cautious day and could turn back bullihs if fbm > 1340. fmb is seen targeting 37-42 range. Both with upside risk towards 50 if above 40.

fcpo. SO recover some losses, +0.5%. This would prevent panic selling and keeping fcpo at tech +ve area. 2420-2440 is range bound and neutral.