Wednesday, March 16, 2011

Fkli wrap...sideways, waiting for Japan nuclear development

- Except NK strong rebound, +6%, a mixed day for most. Regional bounce limited as players continue to interpret Japan nuclear situation. Plus, reports on Japanese fund repatriation spark selling pressure….likely so this week.

-like yesterday both finds support before scaling higher towards short term resistance lvl . Technically , not much changes, sideways in familiar range with rebound mode, so far 1480-1500 remains. With nuclear crisis still looming, upside is likely to be limited.

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