Tuesday, June 21, 2011

Fkli wrap.....fkli upbeat but fbm drag




Fbm cautious ahead of Fed meeting or drag by MAA's limit dw ? Regional strong though, +1% EU near +1%, DJ futs +50.

Both fbm.fkli are nearing resistance or 70 but still short of a tech breakout, above May’s high to create fresh up trend. Above 50 is upward bias., targeting 50-80 range this week.

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