Friday, April 08, 2011

Fcpo wrap...bulls comeback...ready to attack 3400 again


-lucky for fcpo bulls as breakdw fears diminish on strong reversal signal today. Price return to week’s high lvls as commodity rallies today with metals at record high while CO at 30-mth mths on inflation bet and weak US$ vs Euro. Above 3400 is bullish week ahead, testing upper band or 3400-3500 range.

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