Thursday, May 19, 2011

Morning start...fkli firm 1537-39 Fcpo firm 3310-20

DJ +80 , Europe near +1%, rebound after 3-day of losing streak. Commodity mostly quiet with firmer tone. fkli bullish tone if fbm >40, for 40-50 play once fbm > 43. FCPO SO +1% follow through buying seen, targeting 3300-3350 range. Above 3300 is bullish tone.

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