Friday, June 04, 2010

Fcpo wrap...same ranges for 3-day in a row...whatsup!


After a boring AM session, fcpo heads for recent resistance lvl on the back of SO +0.5% in late Asian hours. Trading activity remains thin and very slow. For the week , fcpo +17.

Mkt still look sideways but with an upward bias tone if > 2450 or above SMAs. However , it needs to break 2500 to entice bulls money into the mkt.


No comments:

Post a Comment