-despite holding well in AM session, selling pressure pile up in PM as soyoil extends its losses from 1% to 1.5%. With upside limited, players were also concern over 1-25th export estimates. --Technical selling push benchmark May10 below 2600 in the last 20mins of trading, exaggerated by thin vol.
-technically, a sell-bias mkt as long as May10 stays under 2620+. but losses are seen limited within short-term SMAs lvls as fpco is seen more likely to consolidate than a downtrend mkt.
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