Friday 1 July 2011

Palm Oil Sell 3072 At 6pm Close

CPO Futures hourly stc indicator cut 3 ticks loss and turned sell 3072 at 6pm yesterday's close. The hourly indicator will most probably hold selling for today's morning trading session as the stop and reverse buy signal is 3110 and above at 1130am while grain futures was down sharply overnight in US market.