20100302 1342 FCPO Mid Day Hourly Chart Study.

FCPO closed : 2600, changed : -28 points, volume : low.
Bollinger band reading : side way bearish biased.
MACD Histrogram : getting lower, seller fought back.
Support : 2590, 2570, 2521 level.
Resistant : 2620, 2650, 2670 level.
Comment :
FCPO ease lower after market opened slightly higher and followed by sell down pushed prise below 2620 support level. Hourly chart suggesting market to trade side way ranging with a little down side biased.