Morning start...fkli firm 1505-07 fcpo strong 3800+

DJ +30, Europe marginally higher. All small moves.

8.30 : DJ futs -2. Regional flat, no moves. Commodity strong, +1% to +2%.

FKLI
-1500 seems safe today, with another attempt at 1510 first , cautious if fbm 1510 toppish again. Generally > 1505 is +ve.

FCPO
-SO +3%. FCPO is going crazy as bears run for cover. Huge two way swing this week. Fcpo seen returning near 3750-3800 band, with possible kneejerk towards 3850 if 3810-20 resistance breaks. Above 3770 is bullish tone.