FCPO closed : 2547, changed : -3 points, volume : lower.Bollinger band reading : side way range bound little upside biased.
MACD Histrogram : getting higher, buyer still in.
Support : 2521, 2500, 2470 level.
Resistant : 2550, 2570, 2600 level.
Comment :
After an exciting wild swing ultra high volume day, the excitement seems turned into a peaceful quiet day today that ended marginally lower tight range market. Daily chart reading continue to show a side way range bound market with still a little biased to the upside.
When to buy : buy at support/weakness/break up 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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