Morning start...fkli weak 1520-25 fcpo weak 3020-30

DJ +60 Fri on job data support and b4 S&P dwgraded US debt in late Fri.

First day after S&P dwgrade Regional -1% Dj futs -200/-2%. Weak US$ but commodity softer tone on recession and financials fear factor. CO -2%. GOLD at record high. US 10Y yeild -4%.


fkli kneejerk sell, finish the day off lows but remains in bears zone. 1510 again looks good as a support with initial trades near 1520 expected. Major fresh bears signal if both fbm.fkli break 1510.

fcpo SO -1% no incentives for upside follow through but critical support 3000 is likely to hold. Below 3020 is bearish tone