China continues to offset DJ’s effect. Trimming liquidity (less money in the mkt) still is the main drag issue in China in Aug.
Fbm failed to reach 80s but instead experienced a last tick pullback from 76 to 74. This caused kneejerk selling in Sep contract ( the far right candle ) but Aug stagnant, as the final settlement price has already be decided. ( FSV = 1177.5 )
A strong, +17.5, but slow week. Most gains registered on Monday. but due to last minute selling in Sep, ahead of long weekend also, this means a potential 10 point gap on the continuous chart on Tues. So mkt can be volatile while the mkt trying to figure out its exact intention.
Fbm failed to reach 80s but instead experienced a last tick pullback from 76 to 74. This caused kneejerk selling in Sep contract ( the far right candle ) but Aug stagnant, as the final settlement price has already be decided. ( FSV = 1177.5 )
A strong, +17.5, but slow week. Most gains registered on Monday. but due to last minute selling in Sep, ahead of long weekend also, this means a potential 10 point gap on the continuous chart on Tues. So mkt can be volatile while the mkt trying to figure out its exact intention.
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