Fcpo decided to stay within its comfort zone…but this time taking the downside and testing 2600 lvl amid selling in late AM session after failing to renew yest’s high. PM session mostly quiet with the May10 stuck mostly within 2600-2610 range
Technically, not much change, still wait-n-see as the mkt continues to consolidate in lackluster trading. Missing major players. Industrial players seems quiet since Feb probably at least till the POC (palm oil conference) in KL next week, where Who’s who in palm oil industry gather for free flow of drinks!
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