Friday, June 03, 2011

Morning start...fkli firm 1557-58 fcpo firm 3410-20

No big moves with cautious tone overall. DJ -40, Europe -1%. Commodity firmer tone but flattish. 830 : regional firmer tone too, near +0.5%. Dj futs +4.

Fkli 1550 support looks solid for the week, chance to finish near 60-65 if fbm > 60. Above 55 is positive tone.

FCPO SO +0.5% tug of war remains near 3400 in AM. If can sustain above 3400, new upper range of 3400-3440 in PM. Support is raised to 3380.

No comments:

Post a Comment