Thursday 2 February 2012

2/2/2012; FCPO - 3056

Open higher but closed lower recorded a lower low of 3036 but a higher high with slightly higher volume. Market is still within the 'falling wedge'. Bearish if price within wedge or break down, bullish if break up. Support; 3020, 2980, 2914. Resist; 3110, 3146, 3190. Range target; 3025 - 3090.

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