20100331 1447 FCPO Mid Day Hourly Chart Study.

FCPO closed : 2535, changed : -10 points, volume : low.
Bollinger band reading : side way range bound.
MACD Histrogram : up and down, bueyr and seller still battling.
Support : 2521, 2500, 2470 level.
Resistant : 2550, 2570, 2600 level.
Comment :
Despite improving export data released this morning, FCPO eased lower in low volume transacted. Hourly chart reading suggesting a side way range bound market with a little downside biased potential.