Wednesday, February 17, 2010

FCPO Weekly: Holding ground


Market rebounded after found some support at 2400-2393 levels. However, more strength is still needed in order for market to gain more ground. Thus, we are now looking for the upside resistance at 2650-2675 followed by 2726. While, immediate downside support will be looking at 2542-2523 (gap left over on 14/2/2010) followed by 2400-2393.