Bollinger band reading : side way range bound.
MACD Histrogram : getting higher, buyer show some mild interest.
Support : 2521, 2500, 2470 level.
Resistant : 2550, 2570, 2600 level.
Comment :
Firmer overnight soy oil futures price spillover to FCPO that traded higher in low volume participation within a tight 12 points range market. Hourly chart reading suggesting market is likely to trade side way range bound after testing the strong support line at 2500 level and rebounded with the overall down trend market(base on hourly chart bigger picture). Factor to watch will be soy oil futures price and the continue stronger Ringgit.
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