Bollinger band reading : downside biased.
MACD Histrogram : down up and down again, seller insist to stay.
Support : 2500, 2470, 2450 level.
Resistant : 2521, 2550, 2570 level.
Comment :
FCPO surrender back last 2 days recovery effort to end the day at the low with better volume changed hand eliminating the potential tiny little double bottom formation. Daily chart wise, the reading turned from a side way range bound market into continue downside biased market.
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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