Monday, December 20, 2010

Fcpo wrap....nsapping a 4-day losing streak...



Fcpo very quiet today, in fact commodity class quiet . SO gains encourage some profit take buy after a 4 day losing streak. Upside limited amid weak technical outlook. No fresh sell signal today.

If bulls are lucky, mkt will sideways this week, 3500-3600, building the foundation for fresh uptrend ….next year. Critical support seen at 3450.

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