FKLI : morning gossip

DJ -1p.

at 8.20 am : DJ futs -5. NK +50. Kos +10. CO above $70 for the first time since the burst, 70.7 in Asian.

Probably a quiet morning but expect a firm mkt, meaning dwside will be supported by short term technical support, on strong commodities and expectation of a rebound in HS share.

FKLi is seen stuck within 1067-1076.5. To the upside, any attempt above 1080 can only be sustained if Klci trades above 1076.

FKLI dwside is HS lead. So watch out for HS mkt.