Monday, April 26, 2010

FCPO wrap...aiming for upper band of 2500-2600



3 days of strong gains and this could be the ONE, the next big trend. Strong SO helped follow through with tech buying along the way...especially above 50. Significantly, mkt is above all short term SMAs for the first time since a breakdw from 2600 lvl.
With 2500 tested, the mkt is seen testing 2600, 1-month high lvl. Above 2550, is bullish.

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