Monday, March 1, 2010

FCPO Weekly: More strength needed to maintain in positive posture


Market tested the weekly high at 2662 levels but shies away. Thus, more strength is still needed in order to maintain in the positive posture. Thus, we are now looking for the upside resistance at 2726. While, immediate downside support is still lies at 2542-2523 (gap left over on 14/2/2010) followed by 2400-2393.