A side way whipsaw day for FCPO market today closed down 29 points at 2371 after failed to break through the 2401 level and sell down to the low of 2360. Both Bollinger band and MACD Histrogram reading still suggest an upward movement market with possible minor correction. Tomorrow export figure data also played some role in determining the price movement direction of FCPO.
When to buy : buy at support or weakness with larger cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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