Friday, November 26, 2010

Morning start...fkli firm 1499-02 fcpo firm 3280+

Europe near +1%.

8.25 : DJ futs -4. Regional firmer tone on follow through, around +0.3% . Commodity firmer tone too, no moves.

fkli : chance to cross back above and if so reversing the dwtrend line, for 1470-1510 sideways play till the next development. Will fbm breaks 1500 resistance ?...above 1498 is positive tone. trading range see 97-03 till fbm >1500.

fcpo :SO +0.2%, fcpo dwside seen limited for 3240-3300 range play if not a breakout above 3300 on tech follow through .

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