Wednesday, April 27, 2011

Morning start...fkli firm 1532-35 fcpo soft 3310-20

DJ +115, Europe +1%. Commodity quiet amid a lack of fresh US$ weakness but remains firmer tone , near flat. Regional +1%. Fkli trying to secure 30-40 range today. Lower range in early trading and upper band if fbm > 32. FCPO SO -0.4%. Back to 3300 support. Intra-day bearish if < 3290. Otherwise it looks like range trading 3300-3350 again.

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