DJ -7 on weaker job data but financial gains limited losses. JP Morgan beat earnings expectation. Europe -1% on China concerns.
8.10 : DJ futs +18. Regional lower tone, within 0.5%, lead by NK on stronger yen. Dollar weak across the board but commodity looks asleep. Firmer but no move, +0.1%.
fkli : no strong external to help bulls attempt to push it higher. like yesterday defensive play but dw seen limited on bargain. trading range likely remain the same , lower band of 30-40 with dwside risk towards 25 if fbm < 1331.
fcpo : taking a breather but still in bulls control, SO +0.1%. time for correction ? yes if fpco trades in -ve territory. Otherwise a breakout above 2450 could spark another mini run, targeting 2500.
Financial Markets Will Move To Asia
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Chicago, they invented the Soybean futures contracts. But now, China uses
more soybeans than ... *READ THE REST OF THE ARTICLE ON THE NEW WEBSITE:
JIM ROGE...
5 years ago
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