Tuesday, May 04, 2010

Fcpo wrap...back to lower ranges....range play again?


Affected by fkli sentiment ? After a steady AM session, fcpo turned sellers mkts in PM. Catching up with SO losses with CO -ve tone in late Asian hours. Tech selling aggravated the fall.

Instead of looking +ve, the mkt is not back to –ve. Both minor signals, in-n-out of SMAs. No trend yet, just range play.

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