Thursday, April 07, 2011

Fcpo wrap....back to bears camp.....

Big setback for bulls after trying so hard this week. Not that mkt is bearish yet, but bulls are going back to square one. Negative closing, below 3350. Bears are likely to go offensive tomorrow to keep prices near 3300 for a possible selloff next week back to year low lvls. Bulls objective is lowered from 3400 to 3350.

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