Monday 4 July 2011

Palm Oil Buy 3071 At 1230pm

CPO Futures hourly stc indicator took only 1 tick profit and turned buy 3071 at 1230pm today. It missed the profit target 3022 as the palm oil price was only sold down to low 3031 last Friday.
The hourly indicator will cut loss and turn selling if palm oil futures price is traded 3057 or lower.