Morning start...fkli bearish 1460-65 fcpo weak 2970-80

DJ -600 near 7%. EU -4 to 5%. Commodity slump except GOLD, +2%. CO -4%. US$ stronger though.

Regional dw near 4%. DJfuts -70.

fkli has to price in a far worst than expected losses in DJ. Another round of selloff with hit n run buy chance. 1450-1500. fbm.fki are likely to find support for the day near 1450 , with trades around 1450-80 but knee jerk sell stops towards 1420-30

Fcpo SO -1%. Tech bearish as under 3000 plus a selloff in equity tone, more bears play today. 2940-3000.