DJ +40 , market pull off third day of gains after Citi's CEO says the bank is on its way to profitability. Europe off -0.5%
8.10 : DJ futs -2. NK +80. Kos +5. Gold and Crude oil not much move, steady.
fkli : DJ provides some relief for mkt bulls to offset some of yest's technical -ves. A steady opening within the neutral range of 1320-1325 is expected. It could venture into 1328-1333 range the expected top for today if fbm breaks 1328. Until then, dw risk towards 1315 remains today.
fcpo : soyoil fell 1.5% on bearish weekly exports data. At current external influnce, May10 is seen starting RM30 lower. A sell mkt unless it regains 2650++. And a break below 2620 is bearish.
3 years ago
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