Sunday, 31 March 2013

FOOD FOR THOUGHT. CAN ANYBODY GUESS WHICH WAY IS FCPO IS HEADING NEXT?

1. Indicator wise both RSI and the MACD are showing 'up'. 2. Chart pattern wise it broke up above a descending triangle but later it gave a false breakout above a bigger descending triangle and then retraced
. 3. Late Feb. it broke down a major rising wedge ( should be bearish) but instead it went sideways until now.

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