Wednesday, December 29, 2010

Morning start....fkli soft 1520+24 fcpo soft 3750-70

DJ +20, europe mixed, flat ....same quiet tone

8.30 : Dj futs -3 Regional -0.1%. Commodity mixed. GOLD near record high, +1.3%. CO flat.

fkli : softer due to its premium and not much fresh +ves at mom. 1520-24 if fbm 17-20. -ve bias if < 24 but buy on dips tone near 13-17.

fcpo : SO -0.8% defensive play and risk of a pullback towards 3680 if 3750 breaks. -ve tone if under 3780.

No comments:

Post a Comment