The mkt basically price-in DJ’s expected losses tonight, following strong indication from DJ futs. Despite weaker regional and Europe mkts, fkli maintained its ground above 7SMA, helped by fbm’s resilience. Early attempts to scale 1210++ failed to sustain as no recovery from the regional side.Below1210, let the mkt consolidates first b4 taking fresh longs. Since the mkt is still uptrend, focus on buy. Sell is optional and rather not.
Fresh round of buying is expected above 1210.
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