20091103 1808 FCPO EOD Daily Chart Study.

Crude palm oil futures traded lower today down 18 points to closed at 2190 with relatively lower volume changed hand. Today short bottoming tail black bar candle ended still above the mid Bollinger band and within a tighter Bollinger band width = still in side way range bound trading. MACD Histrogram taken a small step lower = only mild selling activities take place today. Looks like the side way market will stay a little more longer. 
When to buy : buy on weakness with quick cut loss and profit target. 
When to sell : sell on strength with quick cut loss and profit target.