Bollinger band reading : side way upside biased.
MACD Histrogram : rise higher, some interest from buyer.
Support : 2521, 2500, 2470 level.
Resistant : 2550, 2590 level.
Comment :
A side way range bound trading day with lower volume changed hand FCPO market that tested but still failed to closed above the 2550 resistant level. It seems that market merely moves by gaping up or down during opening or closing session instead of during trading hours. Daily chart reading suggesting a side way range bound market with a little upside biased potential market likely should the Bollinger band started to turned outward.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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