Wednesday, June 23, 2010

Fcpo wrap....2370 support survive another attack....


Negative tone prevails on tech weakness and a lack of lead from SO. But short of a fresh breakdw below recent low lvls. Slow moving market and continues it ranging preference.

Bulls continue to defend 2370 support while bears reluctant to push further amid a stagnating SO price. Technically, still dwward –bias.

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