20091002 1845 FCPO EOD Daily Chart : Last minute selling push market 78 points lower to closed at 2037

Last minute selling due to weekend on FCPO push market 78 points lower today with a wide range bar black candle to closed at 2037. Price closed below Mid Bollinger Band = Bearish but market might pull back before going down further b'cos price closed below Mid Bollinger Band.
Bollinger Band width just started to widen but low volume transacted suggest that market are bias to downside with possible pull back first. MACD histrogram also started to fall today = Bear are selling. In order for the market to come down, we should see a drop in price, higher volume and Bollinger Band width continue to widen. 

When to Buy : Cannot initiate long position.
When to Sell : Higher to short at resistant level or even short at breakdown with bigger cut loss.