Very strong. Asian bulls take charge after strong commodities prices, recovery mode in Asian hours after Fri’s slump. Fkli was upbeat from opening minutes, extending gains after fbm played catch up as regional n Europe picked up steam in the afternoon.Fbm/fkli best closing this year.
Technically, fkli already in a breakout mode. So if fbm gather enough steam tomorrow above 70 a big run can be expected. Above 70, don’t sell as there is fresh momentum in the making. Any south move but above 7SMA is still bargain buy on weakness.
Fkli next target is 80 first as fbm yet to break to new high ground.
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