DJ -60, nearing technical significant mark of 12000. If fails, especially on weekly basis, easily another 500p fall for the rest of the mth. Tech stocks weak., NASDAQ -1%. Weak commodity tone.
8.30 : regional near flat. KOS -0.5%, pricing in a 2-day of DJ fall. NK -0.1%. More dwside risk seen going forward for the day amid weaker DJ n commodity prices. CO -1%.
Fkli defensive to "mild"bearish play, risk of breaking 50 support, targeting 44-50 play from 50-60 range yesterday. -ve if < 55 and bearish if fbm < 50.
Fcpo SO -0.5% testing 3350 as fcpo seen remains under 3400. Sideways at lower band, unlikely to see major breakdw today. Under 3380 is -ve.
5 years ago
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