While still not out of the danger yet, fcpo built strong defence wall today. A weak opening on SO -1% loss but active bargain seen at the lower band of 2550-2600 range before buying in PM pushed the mkt near 2600, its breakout point for today.
Selling seen subsiding for the week ripe for a bound, 2600-40, but no big gains as bulls are unlikely to stage a comeback this week. Below 7SMA is still a trading sell mkt.
Selling seen subsiding for the week ripe for a bound, 2600-40, but no big gains as bulls are unlikely to stage a comeback this week. Below 7SMA is still a trading sell mkt.
No comments:
Post a Comment