Monday, October 6, 2008

FCPO Daily: Can you see the bottom?


Noop, not at the moment. Market dived with a big gap down and violated the underline support at 1820-1860. Looks likely to continue its downward move in near term. We currently to look for the support at 1690-1670. Immediate resistance is at 1880-1934 (gap left over today).