Regional and Europe firm but no significant clear direction to jump start our mkt. Prices in-and-out of flat line. DJ small gains also fail to trigger interest yet.
So quiet. Volumes mostly from roll activities -Aug 80% roll while Sep 95% roll. While local sentiment remains cautious after a 20-point gain on Monday, kwailow roll this mth indicates that they r actually more bullish than the previous mth. Therefore, providing support near 1170 indirectly.
Chart stays same same. Minor positive signs are appearing, like 7SMA is positive for the first time in 7-day. But of course no crossover yet.
By klfutures.blogspot.com
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