Bollinger band reading : side way bullish biased.
MACD Histrogram : continue lower, seller taking chances.
Support : 2590, 2570, 2521 level.
Resistant : 2620, 2650, 2670 level.
Comment :
FCPO ended up slightly with high volume traded despite 2 cargo surveyors released a weaker crude palm oil export data forming a down doji bar candle. Side way correction market continue to show on the daily chart with bullish biased reading to take place in the near term and market could still possibly test lower support level at the middle Bollinger band level.
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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