FCPO closed : 2649, changed : -21 points, volume : slightly lower.
Bollinger band reading : side way upside biased.
MACD Histrogram : slightly lower, still a buyer market.
Support : 2580, 2530, 2500 level.
Resistant : 2730, 2800, 2850 level.
Comment :
FCPO eased lower this week after the 3 days palm oil conference with slighty lower volume changed hand ended the week with a 102 points range doji bar candle. Weekly chart outlook suggesting a uptrend biased with near term side way range bound market.
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