FCPO Daily: Losing strength to defend

Market is losing strength to defend following prices close at day low penetrated recent low at 2220 level. Thus, we maintain bias downside potential in near term market. Currently, we are looking for the downside support at 2175-2155 (gap left over on 31/7/2009). To the upside, resistance is maintain at 2280-2299(gap left over on 2/9/2009).