Tuesday, October 26, 2010

Morning start...fkl firm 1493-96 fcpo soft 3060-70

DJ +30, Stocks climbed to 6-month highs Monday after a report on housing sales came in much better than expected..CNN. Europe flat, +0.1%.

8.30: sentiment seems mixed. Dj futs +1. Regional flat but softer stance. Commodity also softer after sharp gain yesterday. CO -0.5%. GOLD steady, 1341.

fkli : firm tone again, near 1495 till fbm >1493. a breakout above 1500 ?...still remains a question mark.

fcpo : SO -0.5%. Fcpo seen testing Mon's low, near 3050. Dwward-bias if < 3070, pullback risk targeting 3000.

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