-Sentiment weak despite strong SO price. Perhaps no fresh buyer ahead of the weekend , with mostly position adjustment activities. Still , not much of a rebound despite sharp losses this week.-Jun11 contract struggles to stay inside the ascending triangle formation to avoid a major breakdw. Market is already –ve if it stays under 3300 and a closing below 3250 is fresh bearish tone next week, targeting 3100+.
-bulls in danger till fcpo regains 7SMA resistance or at least 3300 psychological lvl.
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