20100701 1325 FCPO Mid Day Hourly Chart Study.

FCPO closed : 2365, changed : -8 points, volume : low.
Bollinger band reading : side way downside biased.
MACD Histrogram : recovering, not much action but seller still in.
Support : 2350, 2330, 2300 level.
Resistant : 2370, 2400, 2450 level.
Comment :
Sad volume 9 points range boring market FCPO traded lower without much action today with the hourly chart suggesting a side way range bound downside biased market.