Fkli wrap....hold above 7SMA...eager to move higher

Sideways within Tues range but off lows raises upward moves potential. Only setback is fbm remains in –ve outlook. More convincing if both cross above 55. Until fbm regains 60, cautious with no major selling force if stays above 7SMA. Equity mkt firmer +0.5%, metals, gold/silver record high.Yen at 6-mth lows vs US$, US$ at 6-mth lows vs Euro. RM stagnant for almost a week on BNM intervention near 3.0250.