Thursday, May 26, 2011

Fcpo wrap...strong footing but no gains..


Fcpo retreats from resistance, encouraging profit take sell activities. Already not much oomph to start with today, maybe bulls keeping bullets for next week. 3400-3450 sideways ahead of weekend.

3390-3400 seen as solid support unless SO fall sharply tomorrow, then 3400-3500 play for the rest of the month

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