201000527 1240 FCPO Mid Day Hourly Chart Study.

FCPO closed : 2470, changed : +18 points, volume : low.
Bollinger band reading : side way downside biased.
MACD Histrogram : recovering, not much action from both buyer and seller.
Support : 2450, 2400, 2370 level.
Resistant : 2470, 2500, 2521 level.
Comment :
Holiday mood FCPO traded higher in ultra low volume ahead of long weekend holiday and rebound on crude oil and soy oil futures price. Hourly chart continue with it side way range bound downside biased market reading.