Monday 18 July 2011

Palm Oil Futures Cut Loss Turned Buy 3131 At 1130am

CPO Futures hourly indicator cut loss and turned buy 3131 at 1130am today. The hourly indicator will do stop and reverse sell if palm oil futures price is closed below 3122 at 1230pm today.
The new benchmark on active month for palm oil futures will now be the October contract month.