FCPO Daily: Dived

Market dived into a deep blue sea following 2000 mark violated with a big gap left over. Overall technical outlook remains weak despite prices bounced back to 2000 mark at closing. We still maintain bearish view on near term market. As for now, upside resistance is at 2014-2059 (gap left over on 8/7/2009). Downside support is pegged at 1960-1950.