Fkli wrap....ready for bounce this week..

Another roller coaster ride, mkts dive in AM , with fbm.fkli -50p, KOS -10% HS -8%, DJfuts -200. Then strong rebound in early PM before EU opens following Djfuts +200 and KOS clsing with only -4% losses after lunch break. Fbm crawls back to Mon’s low, fkli briefly positive, HS only -3% at one point…..but

But selling activities resume after EU fails to inch higher, despite a firmer first 30-mins, and tumbles almost 5% in late Asian hours. HS reverses its rebound mode to finish the day -6%. Djfuts also give up gains to settle near -50 at 5.15pm. Fbm.fkli find support near 60-70 range after intra-day highs hit in early PM.

Positive candle on intra-day basis, “wanting to rebound” targeting 1510 short term dwtrend resistance, dw from 1530. No major fresh sell signal if >1450, aim for rebound for the rest of the week.