Friday, January 30, 2009

FCPO Daily: sideways to bias downside potential


Market extended its losing streak and continue losing momentum to bias downside potential. We continue to look for the downside support at 1738-1723 followed by 1706-1695 (gap left over on 2/1/2009). While, upside resistance at 1790 followed by 1815-1825 (gap left over on 28/1/2009).