Friday, March 5, 2010

FCPO Daily: May want to challenge 2726 levels


A significant breakout from the recent high at 2662 and covered the full gap left over at 2667-2675 had strengthened further the market upside momentum. Thus, market may want to challenge the next resistance at 2726 (high since 6/1/2010). Downside support is lies at 2620-2600.