Morning start...fkli firm 1337-40 fcpo soft 2440-50

DJ +60. Europe -0.3%, looks like a mixed kind of sentiment as players ponders over, beating earning estimates vs short of mark revenues data.

8.12 : DJ futs -23 on IBM for the above reason. Regional softer tone but flat, -0.2%. NK -150/-1.5% catching DJ Fri's flu. Commodtiy mixed, from -1% to +0.5%. CO +0.5% GOLD lower on tech sell under $ 1200 mark.

fkli : eager to test upside but given current DJ futs and premium to fbm, fkli is seen floating around 1340 first b4 making a move. Chance will come if and when fbm > 1336. This would translate to 40-45 range play. Fkli +ve is > 38.

fcpo SO -1%., a setback on fcpo bulls hardwork yesterday. but unlikely a big threat either, fcpo is seen taking Fri's ranges but -ve tone if under 2440 as it increases idea of a pullback after 8 winning streak, targeting 2410 today.