Tuesday, May 10, 2011

Fkli wrap...sideways....testing short term resistance





Cautious start but pick up some momentum in PM in line with regional/Europe/dj futs +0.5% gains. Generally a quiet day again. Commodity firmer tone also encourage follow through.

Fbm.fkli move towards sideways range again, if above 1515, and upward bias but will face tougher fight seen near 1530 on sell on strength activities this week

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