Bollinger band reading : side way range bound little upside biased market.
MACD Histrogram : rising, buyer gain control.
Support : 2670, 250, 2620 level.
Resistant : 2700, 2720, 2750 level.
Comment :
Continue higher FCPO recorded another gained for the 5th consecutive days in lesser volume traded after a higher soy oil and crude oil futures price plus in a expectation of improved export.
Daily chart, price seems likely to test higher resistant level near upper Bollinger band level with the reading suggesting a side way range bound little upside biased market.
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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