Bollinger band reading : downside biased.
MACD Histrogram : continue lower, seller in control.
Support : 2400, 2370, 2350 level.
Resistant : 2450, 2470, 2500 level.
Comment :
Continue weaker FCPO traded in improving volume but support still defended well as price failed to break below 2400 level. Daily chart reading started to turned into suggesting a downside biased potential market for the near term.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant/strength/break down with quick cut loss and profit target.
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