"Sell on News" + "Profit Taking" were pressing down FCPO yesterday, SB & SO were also due for a pull back after such an excellent run, just within my expectation. O/Int. dropped noticeably from 21K to 18K level.
But............ judging on this morning's price actions, continuation of uptrend is of good percentage; especially when weak bullish traders had been shaken out, or even better still, fresh shorties are now in the hunt for the bear. Let the market decide the ending of this episode. LOL!
Nope, no magic in the afternoon today.
ReplyDelete