Fcpo very strong Fri on tech buying and feel good factor amid bullish equities tone. CO rose almost 5% in past 2 days on oil spills in Gulf of Mexico but SO very “reluctant” this whole week. Fcpo ahead of SO this week in big way too after Fri. Discount to soyoil at its narrowest this year yet.While short of any trend, above 2550 is tech bullish, seen eyeing 2550-2600. Above 2520 is upward-bias. Generally, still waiting for a new trend instead of 2450-2550 or 2500-2600 consolidating range.
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