Tuesday, March 22, 2011

Fcpo wrap...breakdw fear back in play....


-big selloff, whatsup! Unlikely just tech in nature.

- A breach under 3400 hit mkt sentiment after a toppish Mon. But losses seem overdone. Upside target is out of the card for now with defensive play first - likely within the ascending triangle.
- Last defence line for bull is 3250 b4 the next major breakdw move,targeting 3110-20.

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