FCPO wrap : a mild rebound...still in bears grip

-mild rebound amid firmer external factors as commodities on recovery mode after a bad start since beginning this year

- Fcpo Mar10 stuck in a 2500-2550 tight range with mostly position adjustments activities with the bears taking a break first.

-fcpo very much remains in a bearish environment. Bears are expected to launch another attack next week to see whether 2480-2500 support can hold. To discourage the bears, we need to see the mkt regaining at least 2570.