Bollinger band reading : downside biased.
MACD Histrogram : turned upward, seller take profit.
Support : 2500, 2470, 2450 level.
Resistant : 2521, 2550, 2570 level.
Comment :
Lower soy oil and crude oil futures price lead FCPO to opened and traded in negative territory through out the first session in high volume transacted. Support broken hourly chart suggesting a downside biased market testing further support level with possible upward correction as the last 3 doji bar candle seems not ready to dive deeper yet.
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