Monday, March 21, 2011

Fkli wrap....ready to revisit year high...


-feel good factor with Japan taking a break, welcoming the spring season. Regional upbeat as Japan nuclear reactors seen stabilizing. Europe +1% DJ futs +100.

-with nuclear event taking a back seat, higher commodity prices on Libya war, lift resources stocks. HS +380.

-above 1496-1500 is bullish, targeting 1520-30 this week.

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