-selloff in Japanese share but the rest has calming effect.-fbm mostly strong tone, recovery from weak opening as players deem Fri’s losses enough to compensate NK sharp drop today, -640. Regional also steady in AM. -0.5% and higher n PM, +0.5%. But fbm see selling after Europe opens. Tech toppish at 1500 also a contributing factor. In late Asian , Europe -0.5%, DJ futs -80.
-in red but better than expected. Still short term sell but no major fresh bearish signal. Sideways 1480-1510 this week ?
-below 1493 is bearish for fear of a breakdw under1480, targeting Sep10 low near 1440.
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