Tuesday, June 29, 2010

Fcpo wrap...year lows..bearish commodity mkt today



Commodity turned south as fears over China growth play in the equity mkt, re-ignited Chinese demand in the commodity mkts...very convenient.

Fcpo hit year lows., back to the recent but matching SO losses. So the same question, a fresh leg dw for 2300-2350 or manages to sideways again.

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