Wednesday, 3 November 2010

03nov2010 - CPO Buy at 3097 at 5pm

Hourly cpo futures indicator turned buy at 5pm at 3097, However, it will turn sell if 6pm at 3096 or lower. Such a narrow range can affect indicator will be considered that the hourly cpo futures  is forming a momentum to build a trend that go either side every soon. Any sell down below 3077 will create a downtrend and above 3107 will be an uptrend.