Bollinger band reading : side way downside biased.
MACD Histrogram : recovering, seller reduce exposure.
Support : 2550, 2521, 2500 level.
Resistant : 2570, 2590, 2620 level.
Comment :
Quiet FCPO ended the day fraction higher within a tight 19 points range market as major commodities market closed for Good Friday. Daily chart wise the rebound continue to take place with some test near middle Bollinger band resistant level. Expect market to trade side way range bound downside biased in the near term with some test at higher resistant level.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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