Fcpo wrap....Z z z z z ..2530-2550..

No action at all today..tug of war within a neutral, tight range plus minus 30-50. Maybe confuse with soyoil and crude oil divergence.

Market confined to roll activities, 60%. Far mth prices look very weak…sentiment still bearish among industrial players

Technically, mkt remains upward-bias, near the recent high end but fails to find the momentum to distant itself from critical resistance lvl. Above 2530, us upward-bias.