Friday, March 18, 2011

Morning start...fkli strong 1495-1500 fcpo strong 3380-3400

DJ +150, Europe +2% on strong economic outlook.

Two fresh major development to factor in today .

1) UN approves attack against Libya > CO +4%
2) G7 agree on co-ordinated yen intervention > Yen +2% up from 78+ to 80+ per dollar

8.30 : DJ +30> NK +3%/+300, also radiation lvl dw. Regional +1%

FKLI
chance to see 1500-1510 again. But first seen near 1500 b4 fbm opens. FBM bullish if > 1495. Trading range is raised 10p higher to 1490-1510.

FCPO
SO +2%. Fcpo seen taking 3400-3450 range. Bullish if 3420. No position sell signal is expected today, < 3300.

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