-DJ hardly moves, marginally lower over 2-day but Asian/europe, -1% to to -2%, were under heavy pressure amid China strong GDP data, reinforcing purse tighthening effect play. SH -3% Thu.
8.20
-DJ futs -10. Regional steady near flat line. Commodity tumbles on fear of lower China demand. CO -3%.GOLD -1.5%.
FKLI
-to follow DJ or Asian/Europe ?. Anyway , expecting a weak start but myabe close off lows as fbm never posted any gains earlyy this week , like the rest.
-below 65 is bearish, with fresh momentum towards 50 i+ in the short term. Lucky if see 70 today.!
FCPO
-SO -1.5% . Fcpo seen stuck 3680-3740 range as bulls running out lukc amid a selloff in commodity across the borad yesterday.
-3680, the 7SMA s looks to be a good support today., with tug of wat within 3680-700 seen. But a dip under 3680 will likely trigger some profit take, towards 3650.
Financial Markets Will Move To Asia
-
Chicago, they invented the Soybean futures contracts. But now, China uses
more soybeans than ... *READ THE REST OF THE ARTICLE ON THE NEW WEBSITE:
JIM ROGE...
5 years ago
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