Thursday, March 24, 2011

Fkli wrap...slow day....chance of 15-20 Fri

- very quiet day, probably no thanks to interest in fcpo. Most mkts +0.5% but fbm not so eager. Fkli range bound tone, mostly above 10 but fails to take out 14.5.

-technically upward bias but do not foresee big move upward ahead of weekend, 15-20. Instead, strong chance of higher trading range of 1520-40 next week if mkt stays above 1500 tomorrow.

No comments:

Post a Comment