Bollinger band reading : side way downside biased.
MACD Histrogram : recovering, seller reducing exposure.
Support : 2590, 2570, 2550 level.
Resistant : 2620, 2650, 2670 level.
Comment :
Weakening volume tight range FCPO ended the day higher. Daily chart wise, reading suggest that the market to continue the upward movement correction testing higher resistant level in the near term with side way range bound downside biased for the bigger picture.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with larger cut loss and profit target.
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