Bollinger band reading : bearish.
MACD Histrogram : getting lower softly, seller in charge.
Support : 2430, 2400 level.
Resistant : 2460, middle Bollinger band level.
Comment : Weaker FCPO open lower and traded side way within a 24 points range at the morning session. Hourly chart wise, FCPO seen facing heavy resistant at the middle Bollinger band level since last week 11 Jan 2010 and marker is likely to trade side way range bound biased.
No comments:
Post a Comment