DJ +100/1% after FedEx's improved forecast and a better-than-expected housing market report tempered worries about the economic outlook...CNN. Europe also +1%.
8.15 : DJ futs -5. Regional flat, surprisingly. Commodity mixed. CO +0.5%. GOLD -0.5%. Dollar weak.
fkli : from lower 50-60 to upper 50-60. Bullish tone if fbm> 1355 but expect fkli intra-day tug of war at 60 line. No major tech resistance above 60 through 76.
fcpo ": no cue from SO, flat and mixed. Resistance is lowered ot 2490 for a 2460-90 -ve tone play. Below 2470 would entice tech sell again as mkt is seen extending its correction.
3 years ago
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