Thursday, February 25, 2010

Fcpo wrap.. steady but fail to cross back above 2600



Fcpo seems influnce by yest’s –ve energy, hardly take notice of soyoil gains. Maybe a lack of interest ahead mth end or cautious over weak export estimates. Overall, quiet, tight range. This mth, Fcpo up 6%
breakout strategy away from 2580-2600 range on Monday. In the meantime, downward-bias mkt.

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