-cautious start, strong recovery for most of the day after HS/SH post strong gains. Off highs on late selling activity on recent selldw jinx ahead of holiday tomorrow
-Europe +0.5%. .Dj futs +15 take cue from a strong Asian,
-bulls can relax a bit now but cannot cheer yet. While today’s bounce is stronger than expected, fbm.fkli remains in bears territory,under 7SMA or the dwtrend line
-further bounce is likely towards major resistance lvls, where bears are seen grouping. No major bears assault if mkt stays above 1480-90 lvl
No comments:
Post a Comment