-opening buying fails to inspire sentiment, fkli hit record high, but humble by fbm profit take mode. Selling accelerates after 1570 support breaks. More selling in PM as HS/SH extend losses.
-external mostly lower. Europe, near -1% and DJ futs -50 in late Asian hours. 4Q10 earnings will take centra stage this week
-fbm snaps a 5-day winning streak, healthy puuback, approaching 7SMA
-technically, a bad day for late bulls. Sideways first , with 1550-pullback risk, if under 1570. But uptrend remains intact.
No comments:
Post a Comment