Wednesday, May 18, 2011

Fkli wrap...still toppish but bulls defending 30



Fbm mostly upward bias for the day, in +ve territory but remains toppish near 1540 resistance again. Fkli see selling after fbm dips bank under 1540 and stays discount thereafter. All moves are within Mon’s range. Neutral range for fkli, 34-40, with strong buying interest seen if > 1546 as a fresh breakout point.

Regional +0.5%. Dj futs and Europe strong showing after 3-day of losses. Dj futs +50 , Europe +1%.

No comments:

Post a Comment