20100409 1319 FCPO Mid Day Hourly Chart Study.

FCPO closed : 2508, changed : +8 points, volume : low.
Bollinger band reading : side way downside biased.
MACD Histrogram : falling paused, selling activities reduced.
Support : 2500, 2470, 2450 level.
Resistant : 2521, 2550, 2570 level.
Comment :
FCPO seems found some support at 2500 level and traded side way range bound tight range boring quiet volume market. Hourly chart suggesting a further consolidate side way range bound downside biased market to take place in the near term.