Morning start...fkli firm 1370-75 fcpo weak 2650-70

DJ -1, 5-day losing streak ahead of WalMart, Home Depot Q-ly result day. Europe softer, flat.

8.30 : DJ futs -9. Regional lower tone. NK -0.7% on tech and strong yen. Dollar weaker across the board but commodity -1% except GOLD +1%


fkli : seen steady near 70 with expectations that fbm will trades above 1370. Above 70 is bullish wihle immediate support is seen at 65 if 70 breaches.

fcpo : SO -1%, a big test for fcpo bulls. fcpo is seen trap inside 7 and 14 SMA around 2630-2680. Trading sell if < 2680.