Despite +ve external, fbm sluggish all day. Toppish in AM, dwtrend in PM, saving the best for last with a preclosing 5p jump on multiple GLCs from 61 to 67. The purpose - Just above May’s high.
No 70s for fkli, mostly 65-69, premium stance all day on +ve externals, except after fbm closing. Fkli remains near day’s lows. EPF must come out with something fresh to impress! To be fair, players remains cautious too, ahead of Ah Ben outlook on US economy.
Regional strong start but off highs ahead of Ben statement. EU/Dj futs flat.
Bulls must push for 70s tomorrow. Otherwise, back to 50-70 sideways tone for the rest of the month. A closing above 70 would likely raise trading range to 70-00…..next week.
Above 65, bullish tone.
No 70s for fkli, mostly 65-69, premium stance all day on +ve externals, except after fbm closing. Fkli remains near day’s lows. EPF must come out with something fresh to impress! To be fair, players remains cautious too, ahead of Ah Ben outlook on US economy.
Regional strong start but off highs ahead of Ben statement. EU/Dj futs flat.
Bulls must push for 70s tomorrow. Otherwise, back to 50-70 sideways tone for the rest of the month. A closing above 70 would likely raise trading range to 70-00…..next week.
Above 65, bullish tone.
No comments:
Post a Comment