FCPO closed : 2531, changed : -16 points, volume : higher.
Bollinger band reading : side way range bound.
MACD Histrogram : turned weaker, buyer is leaving.
Support : 2521, 2500, 2470 level.
Resistant : 2550, 2570, 2600 level.
Comment :
Improved volume, tight range, low open interest FCPO market continue to trade side way ended the day weaker ahead of tomorrow export data figure. Daily chart remain unchanged with a side way range bound reading testing support and 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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