Wednesday, July 13, 2011

Fcpo wrap....back to bulls camp...barely



Still sideways play, zigzagging along the boarder line of bulls n bears camp in the past two days. A +ve day, sustaining above 3050 and matching SO gains, as commodity rebound after Italy-shock yesterday. Recent –ve commentary on cpo continue to weigh on prices

No clear clue on the next short term trend yet if stuck within 3000-3100. But +ve bias if above 3060 tomorrow, attacking 3100 again.

No comments:

Post a Comment