DJ +170 as better-than-expected quarterly results from Merck and Barclays reassured investors, and the weaker dollar boosted commodity prices and shares...CNN.
During CNY : Net over holiday is DJ +125 and Europe +2%. Commodities strong, Gold +2% CO +4%.
DJ futs +7. Regional up +1%. NK +130 after a -70 drop Monday.
Fkli : strong bullish external factor, time to rebound after pre-CNY selling that caused a big discount to fbm. Seen near 1250++ for start, with upside potential towards at 57. Immediate support is raised to 44.5 or 50.
Fcpo : is seen attacking 2600 again. SO +2%. A break above 2600 is considered bullish. May10 is likely to trade within 2580-2630 range.
3 years ago
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