27 points range trading FCPO ended the first session down marginally 9 points with low volume changed hand. At closed, the last candle closed above the middle Bollinger band with the band width expanding = market still trading in positive tone. However, MACD Histragram weaken to near to zero line level = buyer participation still insufficient in the near term for a sustainable upward movement. Unless buyer volume return to the market at the second half, market are likely to stay side way.
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