20100309 1429 FCPO Mid Day Hourly Chart Study.

FCPO closed : 2710, changed : +1 point, volume : low.
Bollinger band reading : side way upside biased.
MACD Histrogram : sliding lower.
Support : 2700, 2670, 2650 level.
Resistant : 2730, 2750, 2790 level.
Comment :
Tight range FCPO market traded side way through out the morning with slightly lower. Hourly chart trend still trading upside biased with side way range bound market still in play in the near term.