-internal momentum support, no breakdw but mostly cautious all day on Libya/CO concerns. Sideways in –ve zone, 10-15, b4 a late surge after 4.45pm on the back of strengthening DJ futs and Europe. Dj futs +2 from -40, Europe +0.2% after a soft opening, in late Asian hours.
-technically, a neutral day but favoring bulls following a strong closing based on +ve expectations rather than freshly ignited momentum. A strong run only if fbm >20.
-above 1510 is bulls court.
Financial Markets Will Move To Asia
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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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