Monday, October 26, 2009

FCPO Weekly: Sideways bias to little upside potential


Market improved a little following prices close firm at 2200 levels after tested the weekly high at 2250. Thus, market may continue move in sideways bias to little upside potential in near term. As for now, we are looking for the upside resistance at 2350. While, downside support is maintain at 2108-2100 (unfilled gap left over since 11/10/2009)