Weak AM and surprisingly strong in PM, reversing early –ve tone and manages “parking” near respective resistance lvl. Fkli re-take premium stance in late PM on fbm’s strength, plantations, GENTING strong despite softer regional-0.3%, Europe -0.8%, Dj futs -13.Fkli is taking overnight-bet of a breakout above 1500 unless external deteriorate sharply as fbm looks “promising” – white candle and best closing since hitting year high.
76% of Oct10 contract vol is derived from the rolls.
So, tomorrow is the start of 1500-1540 range…? Immediate support is raised to 1490
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