Friday, October 29, 2010

Fcpo wrap...+56 this week...eye 3100-3200 next week



Stagnant day, holding above immediate support lvl despite SO 2% losses. Player takes sidelines stance, prefer to wait for a brand new week, a brand new month.

Technically, fcpo uptrend remains intact but must cross above at least 3070 to bring in fresh momentum next week, for a new higher band of 3100-3200. Immediate support is 3050, followed by 3000.

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