Tuesday, December 21, 2010

Morning start...fkli firm 1493-95 fcpo strong 3540-50

DJ -13, Europe +0.5%, small moves again.

8.30 : DJ futs +4. Regional firmer tone, near +1% as commodity recovers. GOLD and CO flat but firm.

fkli : strong extenal would give 1490 a support, fkli seen stuck in 90s sideways range again.

fcpo : SO +1% back to yesterday high near 3550, targeting 3570s. Upward bias for the day if > 3520.

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