Tuesday, May 10, 2011

Morning start...fkli firm 1520-23 fcpo firm 3240-50

DJ +50 as commodity continues to boun ce while Europe -0.5% as Greece Euro zone-pull-out concern continues. Regional +0.5%. Commodity near +0.5%.

FKLI chance to do 20-25 range Above 20 is bullish but 25-30 seen as sell-on-strength zone. Fbm strong resistance at 25, +ve if > 19. FCPO SO +0.2%, seen in-n-out of 3250 and chance to do 3250-3290 range. if can sustain above 3240.

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