Monday, July 25, 2011

Morning start...fkli weak 1560-62 fcpo weak 3110-20

No deal yet on US debt talks, despite efforts made over the weekend. DJ futs -100. Regional starts Mon on -ve tone, near -1%.

fkli 60-65 with risk of breakdw under 60 if fbm < 58.

Fcpo SO -1% , setback for bulls as mkt seen drifting bakc to sideways tone,3100-3140, Under 3120 is -ve tone.

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