Comments: FCPO had hits our 1st uptrend at 4260. There might have small retracement at 4260 level. However, FCPO remain UP trend if FCPO can stay above 4040 level.
Our preference:
LONG positions above 4260 level with targets at 4437 resistance level .
Alternative scenario:
A close below 4040 support level look for further downside with 3852 as target.