Strong sentiment amid lower stock data and strong SO price. SO aiming for a technical breakout above 55 mark. Fcpo see tech above 3650 in AM and above 3700 in PM after a stronger SO during lunch break. While fcpo valuation is high, fcpo tech bullisness continues to drive the mkt.
Fcpo is venturing into major resistance lvl near 3750, the top of a long consolidation before the Lehman crisis set in. Doubtful of another major breakout this year, profit take more likely towards year end.
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