DJ -12 , ending a 5-day big +650 winning streak. Cautious going forward ahead of Jun employment data Fri and retail data Thu. EU mostly lower, -0.5%. Gold strong on China concerns after report on Chinese bank non-performing loan prblm.
8.30 : DJfuts -10. Regional flat, mixed, no direction for the day yet. CO +1.5%
fkli 80-85 steady range first but trading range is likely lowered to 75-85 from 80-90 if fbm < 80. "How good is the defensive rather than how high" is the theme today.
Fcpo SO -0.5% , not giving fcpo bulls any help to reverse recent dwtrend tone. 3000-3050 stuck ? Under 3020 is bearish again.
3 years ago
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