Tuesday, August 10, 2010

Fcpo wrap..profit take under 2700...trading sell



Not only profit take today but a very weak candle, signaling more pullback towards 7SMA before bargains appear. Fcpo off to a weak start after pricing in SO -1% and later triggered sellstops under 2700 mark.

To reverse its trading sell status in the short term, fcpo must regain 2695-2700 tomorrow.

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