FCPO-Safer way and bear fruits.

Shorting the breakdown of the upward channel bears fruits.

FCPO - A safer way

FCPO is now on a upward channel. A more conservative way of playing this would be to wait for the price to break the lower support channel line. With divergence in sight, the breaking of the lower support channel line would be a safer bet. Otherwise it would rebounce and move up towards its upper channel line.

FCPO- A better bet

Perhaps FCPO is a better bet than KLCI and FKLI if you are betting on the bull. With stock market going on a retracement, funds might flow into commodities, as the chart indicates a better picture as compared to the stock market.

FCPO-25-1-10

Hardly can say that market has made any significant move. Those conservative should wait for market to make its clearer stand by making its move above 50 MA or move down below Fib 38.2%.