Tuesday, November 16, 2010

Fcpo wrap...late selloff under 3300




Like equity, players dump fcpo in PM with more selling after 3300 lvl breaks. Fcpo finish near critical support lvl about RM130 point off its high today. After today, fcpo is unlikely to turn upward-bias this week.

Below 3300 is bearish as risk of further pullback towards 3200 is high

No comments:

Post a Comment