Bollinger band reading : upside biased.
MACD Histrogram : near unchanged, buyer stayed with small exposure.
Support : 2550, 2521, 2500 level.
Resistant : 2570, 2600, 2620 level.
Comment :
Quiet volume tight range FCPO eased marginally lower following soy oil futures price development. Daily chart reading suggesting a upside biased potential market likrly in the near term.
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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