Tuesday, February 22, 2011

Mornigns tart..fkli weak 1515+ fcpo strong

Dj holiday, Europe -1%,. Commodoty surges on unrest in Libya/Bahrain.

8.35 :
DJ futs -100. Regional -1% on inflation fears. Commodity surges. CO +7%. GOLD back above 1400 on safe haven play.

FKLI
-defensive start, back to 1510 and mostly 1510-20 range seen in AM. Bearish if < 1510.

FCPO
SO +2%. Fcpo is seen back above 3700, targeting 3750 resistance. Bullish if above 3700.

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