Tuesday, May 03, 2011

Fkli wrap....still sideways....




regional mostly softer tone today with upside faces strong selling pressure, cautious on silver 10% drop. Dj futs around -20 to -30, all day. Europe flat. Fbmfkli maintain –ve outlook following last week 40-toppish outlook but no major breakdw yet. Fkli never really see upside, defensive and –ve tone after dipping under 30 in late AM session. Risk of 1510 play if fbm finishes under 1530.

No comments:

Post a Comment