Tuesday, November 02, 2010

Morning start...fkli soft 1510-13 fcpo firm 3085-95

DJ +6 but sharply off highs. Europe +0.2%

8.20 : DJ futs -5. Regional at a standstill, -0.1% to +0.1%. Commodity firmer tone.CO +2%. GOLD -0.5%.

fkli : defensive start. 1510-13. seen steady above 1510 but no upside, 15-20, unless fbm > 1511. fkli sellstops since under 1510, targeting 1503 if fbm < 1506.

fcpo : SO +0.1%. sideways first 3070-3100. above 3090 is strong tone, targeting a cross above 3100. Buystop is seen above 3100.

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