
Super tight range, directionless mkt. Positive stance as commodity stays firm on weaker US$.
Fcpo stuck at recent upper range but lack a breakout higher for 3150-3200 play. But as least it has return to +ve zone, albeit not far from the crossing line of 7SMA. Keeping fingers cross for a strong SO tonight.
A breach of 3140 tomorrow could see a dash towards 3200, aiming for weekly closing within 3160-80 range. Major sell signal seen under 3080
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