Morning z z z...fkli firm 1340-43 fcpo soft 2475-80

Mixed day. DJ +4. Europe -0.2%. Sign of profit take after recent days run.

8.15 : DJ futs -2. Regional off to lower tone, -0.5% to -1%. Commodity quiet, softer, less than -0.5%.

fkli : idea of a pullback increases but fkli seen steady above 40 till fbm opens. dwside risk is greater unless fbm > 42. Below 40 could ignite first round of profit take sell, towards 30.

fcpo : SO also quiet, profit-take sell theme too, 0.2%. but unlikely to dampen fcpo overall sentiment but a healthy pullback. intra-day bullish if above 2475-80 band. Dwside risk is 2550 if 2570 is broken.