Wednesday, June 02, 2010

Fcpo wrap..attempting to break free from bears grip


Another quiet day but taking prices to another stage higher, slowly but surely? Chances of a shift towards a consolidation phase is high if mkt stays above 2450 with target seen at 2450-2500 range after surviving 2400-2450 range.

Mkt is moving very slowly, so have to wait awhile b4 seeing a fresh trend away from 2400-2500.

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