FCPO pullback to closed 65 points lower at 2555 after last Thursday price surge to closed way above the upper Bollinger band. Bollinger band reading still looks healthy for an uptrend market. MACD Histrogram reading turned lower = selling activities take place to closed off long position. Overall, the uptrend downward correction could still continue with immediate support come in at the middle Bollinger band level and again trader need to monitor closly the development of China Dalian palm oil market, soy oil, crude oil and also US dollar movement.
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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