After a bearish AM session, mkt reversed some of AM losses as bets turned around after Europe rebounds +0.5% and DJ futs off lows by almost 100p. Regional mostly -2% range.
Fkli even managed to park near day’s highs after fbm 4p push in the preclosing phase. With the fbm.fkli still floating above 30, this means the mkt is not bearish yet but remains –ve bias if < 40. Can we see 1300 ? ..at the mercy of Europe.
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