Tuesday, April 26, 2011

Fcpo wrap...escape fresh bearish signal but still -ve day

Strong bounce off critical support of 3300, partly thanks to SO recovering some of it losses from -1.6% to -0.7% in late Asian hours While no fresh –ve signal, still above 7SMA, fcpo remains -ve this week till it regains 3360 mark. A closing under 3300 is strong bearish signal

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