Wednesday, December 22, 2010

Fkli wrap...looking good for 1520-30 range


All quiet but strong tone as fbm catching up with fkli with support from HS’s gains. Strong RM also. Regional mostly flat, weaker in PM session after a strong run yesterday. Not much from Europe and dj futs, softer tone, near flat line.

Fkli mostly stuck within 10-14 range after building strong premium yesterday but finish near day’s high on fbm strong closing.
Technically bullish after today’s follow through. Strong chance to see 1510-30 for the rest of the year.

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