Fbm.fkli are back into +ve ranges…in a big way too. PLUS gives fbm feel good factor, near 2 fbm points on privatisation talk. At the same time, regional stages strong run, near +2% after many days in sideways mode. No war as the excuse. Europe near +1%. Dj futs +40.
A lot of buying above 1500 today. The start of window dressing ?.
Technically not entirely bullish yet until mkt clears the immediate red line resistance. A first step to ensuring a closing above 1500 for the year. Above 1500 is upeard potential towards 1530s.
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