20100210 1813 FCPO EOD Daily Chart Study.

FCPO closed : 2563, changed : +2 points, volume : lower.
Bollinger band reading : side way upside biased.
MACD Histrogram : rise higher, buyer appetite remain unchanged.
Support : 2550, 2521, 2500, 2470 level.
Resistant : 2570, 2590, 2620 level.
Comment :
Holiday mood FCPO trade side way range bound within a tighter 13 points range market with low volume participation despite improved export data released today. Daily chart reading remain unchanged with a side way range bound upside biased market.
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.