Bollinger band reading : side way range bound.
MACD Histrogram : getting weaker, buyer off loading.
Support : 2620, 2590, 2570 level.
Resistant : 2650, 2670, 2700 level.
Comment :
Another boring session on FCPO that traded range bound within a 20 points range market with low volume ahead of next week 3 days palm oil conference that start on Monday 8th Mar 2010. Hourly chart still suggesting a side way range bound market(just look at the 5 doji bar candles).
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