20091001 1813 FCPO EOD Daily Chart : What a boring day !

FCPO closed 12 points higher today with a boring 18 point daily range to closed at 2115. Price still closed below Mid Bollinger Band = Bias to the downside. Bollinger Band width continue to narrowed by a fraction suggest market will be trading sideway range bound. MACD histrogram higher than yesterday = downside might be limited with a potential rebound. Volume traded was extremely low. 

When to Buy : Buy at support or break up but must take profit/cut loss quick.
When to Sell : Short at resistant with a cut loss above resistant. 
SEE MONEY TAKE MONEY !