Thursday, November 19, 2009

FCPO Daily: Strengthen further


Overall daily technical reading strengthen further following market covered some of the upside gap. Thus, market may continue to challenge left over upside gap since 17/8/2009 at 2415-2424 followed by the next resistance at 2521 (high since 13/8/2009) in near term. While to the downside support remains at 2305-2273 (gap left over on 16/11/2009).