DJ +170+1.6% as an early rally gained steam, following a strong debut by General Motors' stock. Overnight talk that the Irish government was close to accepting a bailout loan eased eurozone worries and sent global stocks soaring..CNN. Europe near +2%.
8.15 : DJ futs +12. Regional near +1%. Comodity +1% too. Asian FX mised, not much movement.
fkli : first attempt at short term resisitance lvl since the selloff. 1495-1505 with upper band bias. upward-bias unless fbm <1500.
fcpo : SO 1.6%, catching up with fcpo ? 3300-3350 looks "fair" but given fcpo recent mood swing, a move towards 3400 cannot be disounted but a breakout is unlikely....today. Above 3300 is bullish. Critical support at 3270.
3 years ago
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