Tuesday, June 21, 2011

Morning start...fkli firm 1558-60 fcpo firm 3200-10

Better than expected, DJ +80/+0.5% after US says it believes that Greece's debt situation can be resolved with Europe's help, but "it does create a headwind." EU -0.5%. Strong EU, weak US$, therefore stronger commodity tone.

8.25 : regional +0.5% to +1%. CO +2.5%, also tech bounce of 90 mark.

Fkli ...steady on +ve tone. Like yesterday anticipating 55-65 range and knee jerk towards 70 if fbm does not falter n seen testing 66. Above 60 is bullish.

Fcpo SO +0.5% testing resistance but enough to sustain above 7SMA?. 3200-3250 No sell signal if > 3200.

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