20091015 1818 FCPO EOD Daily Chart. Low Volume With Wide Range.

Despite positive export data, Crude Palm Oil futures ended red at 2110 down 50 point with lower volume transacted compare to yesterday closed. Looking at the daily chart shows that price still closed near mid Bollinger Band that currently serve as immediate support telling that market may go either way in the near future. Bollinger Band width narrowed today suggesting that market will be in range trading for the time being. MACD Histrogram lowered by a small fraction indicating that there are long position covering today. 

The question is, due to the fact that spot month expired today and relatively low volume traded, Is the significant of today sell down black candle justifiable ? 

When to Buy : Stay sideline until a clearer picture appears.
When to Sell : Stay sideline until a clearer picture appears.