Another fresh year low as market violated the physiological support at 2700 levels. Bear led all the way and saw prices sank to close with triple digit losses with a long black candle. We now put 2520-2600 as immediate support. For upside, resistance is at 2728-2779 (gap left over today).
Monday, August 11, 2008
FCPO another fresh year low
Another fresh year low as market violated the physiological support at 2700 levels. Bear led all the way and saw prices sank to close with triple digit losses with a long black candle. We now put 2520-2600 as immediate support. For upside, resistance is at 2728-2779 (gap left over today).