20100604 1828 FCPO Weekly Chart Study.

FCPO closed : 2474, changed : +17 points, volume : higher.

Bollinger band reading : side way range bound.
MACD Histrogram : falling paused and turned higher, buyer and seller still battling.
Support : 2450, 2400, 2350 level.
Resistant : 2500, 2530, 2580 level.
Comment :
FCPO climbed 17 higher and traded in tight range market with better volume changed hand. Weekly chart still shows a side way range bound market for the near term.