FKLI : morning gossip...1065-1072

DJ +1.

DJ furs +20. NK -40. Kos +14. Commodities prices stabilise, CO +2%.

FKLi is seen firm and tight range, 1065-1072, before HS opens. FKLi is seen hovering near 1070 on firm external factors that would discourage follow through selling. But also upside is seen limited until any leads from HS, if any. HS may opens higher on fimr commodities prices.

FKLI mkt may not have fresh sell signal if above 7SMA but sentiment will remain negative, targeting 1055++ unless the mkt crosses above 1072 at least.

1055-1065 or 1065-1072 ?