Thursday, April 29, 2010

Fkli wrap....firmer but very cautious...





Fbm very steady today on DJ gains, while regional moved in and out flat line and finished mixed following Europe 2-day losses.

Europe provided some relief for mkt bulls with a +0.5% rebound in early Thu trades. Fkli managed to secure 30 support from start, without much trouble, but at the same time lacking upside momentum…mostly 33++, especially in PM

With today, fkli manages to reduce some of Wed’s negative-ness but trend remains dwward-bias if below 1340. But attempt is seen to break this resistance lvl,


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