Monday, June 06, 2011

Morning start....fkli firm 1557-60 fcpo weak 3380-3400

DJ -100 on weak job data. Europe flat, recovering on another Greece bailout in the pipeline. Europe strong , US$ weak, commodity firmer.

8.20 : regional mixed, flat. Dj futs +20. CO +1%

Fkli firmer tone, 55-65 but unlikely to make fresh uptrend move today, cautious seen as DJ nearing another critical tech support lvl of 12000 after 5-week of losing streak

Fcpo SO -1% tough day for bulls, defending 3400 again amid recent toppish outlook. But mkt is seen supported above 3350+ critical support today.

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