Thursday, November 25, 2010

Morning start....fkli strong 1490+ fcpo strong 3200+

DJ +151, .S. stocks rallied more than 1% Wednesday after a huge drop in unemployment claims signaled some signs of life in the depressed labor market...CNN. Europe +1%.

8.15 : DJ ftus -2. Regional +0.5%. Commodity mostly stronger overnight. CO near +4% GOLD flat but firm tone.

fkli : 85-95 range with strong overnight external , fkli is seen taking 90-95 range initially. Upward-bias till 1490 is tested but retreats later. Strong resistance seen at 97-00.

Fcpo : SO +1.5% another attempt at 3200 resistance, tug-of-war. Above 3150 is upward-bias, correction tone.

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