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Thursday, April 08, 2010
Fcpo wrap...bearish(again) on late selling...like fkli
Ironically, SO +0.1%. Stronger ringgit or strong end stocks fear persists. Latter. Upside seemed limited during a mildrebound with sellers at 40-50 lvl . Weakness also triggered tech sell when 30 breaks.
A sell mkt is below 7SMA. New bearish trend is 2500 breaks.
Third attempt at 2500 already..bears must make it happens..
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*20121031 - Wednesday*
GBP/USD reversed from the previous Short setup, forming the long
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Long at 1.6082, Stop Loss at 1.6010, 1st Target 1.6...
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