Bollinger band reading : downside biased.
MACD Histrogram : getting lower, seller extending exposure.
Support : 2270, 2250, 2230 level.
Resistant : 2300, 2330, 2350 level.
Comment :
Lack of buying interest due to negative sentiment FCPO fall lower as market dominated mostly by seller activities in lesser volume traded. Daily chart wise, market closed below lower Bollinger band level right at 2270 support level with continue downside biased market reading and possible pullback correction to take place soon.
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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