Fbm 6-day losing streak, -20p. Fkli reverses wide discount on late short covering activity. Regional -0.5% off lows tone on buybacks after falling so many days. Plunging commodity prices, mainly silver and CO, continues to drive mkt lower. Can US Apr11 job data tonight reverse the trend ?
Fbm.fkli, bounce first or immediate fresh leg down towards 1460-70 ? Looks like a bounce first towards 1425-30. Above 1510 is bounce potential with serious danger of the latter only if 1500 breaks.
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