Eoin Treacy's view A breakeven stop on my May KFX short was triggered this morning at 394 against my sale on Thursday at 395..8 including spread-bet dealing costs.


Today's interesting charts -

India (Sensex) - rallies from the psychological 17000 level and a sustained move below that area would be required to question scope for further higher to lateral ranging.

Taiwan - finds support in the region of 200-day moving average near 7500 and would need to sustain a move below last week's low to question the consistency of the medium-term advance. .

Spain - finds at least short-term support as it rallies to countermand almost all of last week's decline, but needs to sustain a move back above 11,500 to break the medium-term progression of lower highs and indicate demand has returned to dominance beyond the short term.

US Treasuries - encounter resistance at the upper side of the more than yearlong range and would need to sustain a move back above 124 to question scope for further downside.

Asia Dollar Index - finds support in the region of the 200-day moving average and would now need to sustain a move below 110 to question scope continued higher to lateral ranging.

Gold - pausing in the region of $1200 but a sustained move back below $1150 would be required to question potential for further upside.