Palm Oil Futures Buy If 6pm 3112 Or Higher

CPO Futures hourly stc indicator will turn buy signal once 6pm palm oil futures price is closed at 3112 or higher, similar to previous post.

The accumulated trading profit and loss for July as at 5pm will be -91 ticks per contract size basis. It is a bad start for the second half of year 2011.

Palm Oil Futures Buy If 5pm Above 3111

CPO Futures hourly indicator will remain selling 3107 unless palm oil futures price is traded 3112 or higher at 5pm today.

Palm Oil Sell 3107 At 1230pm

CPO Futures hourly stc indicator made losses 6 trades in a row and turned selling 3107 at 1230pm today.

The hourly indicator will remain selling 3107 unless palm oil futures price is traded 3112 or higher at 4pm.

Palm Oil Sell If 1230am 3108 Or Lower

CPO Futures hourly indicator will cut loss and turn sell once palm oil futures price is closed 3108 or lower at 1230am today.

Palm Oil Buy 3116 At 6pm Yesterday

CPO Futures hourly indicator continued hit will losses and turned buy 3116 at 6pm yesterday's close. Again, the hourly indicator will cut loss and turn sell if palm oil futures price is traded 3106 or lower at 1130am today.

Palm Oil Buy If 6pm Above 3110

CPO Futures hourly indicator will cut loss and turn buy if palm oil futures price is closed 3111 or higher at 6pm today.

Since there is only one more trading day for July, the July accumulated trading profit and loss for hourly stc indicator will be in a very bad shape and no more chance to turn positive.

Palm Oil Buy If 5pm 3123 Or Higher

CPO Futures hourly stc indicator will cut loss and turn buy if palm oil futures price is traded 3123 or higher at 5pm today.

Palm Oil Will Remain Sell 3101

CPO Futures hourly indicator will remain its selling 3101 unless palm oil futures price is traded 3130 and above at 4pm later today.

Palm Oil Futures Sell 3101 At 1130am

CPO Futures hourly indicator hit with another loss of 17 ticks and turned selling 3101 at 1130am. The hourly indicator will remain sell unless palm oil futures price is traded above 3125 at 1230pm today.

DJ News On Dorab Mistry Said Palm Oil May Hit 2800

Due to strong global output, Dorab Mistry said it will drag palm oil price to 2800 per ton. Indonesia palm oil out may hit 25.5million tons for year 2011.

CPO Futures hourly stc indicator will cut loss and turn sell if palm oil futures price is traded 3110 or lower at 1130am today.

Palm Oil Profit Targets 3158 And 3178

CPO Futures hourly stc indicator will cut loss and turn sell if palm oil futures price is closed below 3105 at 6pm today.

Palm oil profit target for today may be placed at 3158 and 3178.

Palm Oil Futures Sell If 4pm 3100 Or Lower

CPO Futures hourly stc indicator will cut loss and turn sell if palm oil futures price is traded 3100 or lower at 4pm today.

Based on news, edible oils analyst, Dorab Mistry, will make a speech at an event in Sydney tomorrow on the output forecast of palm oil.

Palm Oil Sell If 1230pm 3101 Or Lower

CPO Futures hourly stc indicator will remain its long 3118 with target profit 3158 and higher, and will turn sell if crude palm oil futures price is closed 3101 or lower at 1230pm today.

Palm Oil Futures Will Remain Buy 3118

CPO Futures hourly stc indicator will keep holding buy 3118 unless crude palm oil futures price is traded 3105 or lower at 1130am today.

Palm Oil Futures Sell If 6pm 3105 Or Lower

CPO Futures hourly indicator will remain buy 3118 unless 6pm crude palm oil futures price is closed below 3106.

Palm Oil Futures Buy 3118 At 4pm

CPO Futures hourly stc indicator cut 9 ticks loss and turned buy 3118 at 4pm just now.

The hourly indicator will remain buying unless 5pm palm oil futures price is traded below 3109.

Palm Oil Futures Buy If 4pm Above 3116

CPO Futures hourly indicator will do a stop and reverse buy if palm oil futures price is traded 3117 or higher at 4pm later today.

DJ News On Output Data In Focus

0412 GMT [Dow Jones] BMD CPO futures rise slightly in anticipation of a slowdown in August CPO production, when many labourers will celebrate Ramadan, though exports will remain strong, says a Kuala Lumpur-based trading executive. Malaysia's June CPO output rose 0.7% from a month earlier to 1.75 million tons while exports rose 12% to 1.58 million tons, according to MPOB data released July 11. The executive expects resistance for BMD CPO at MYR3,120/ton today as

U.S. debt ceiling talks and a weak global economic outlook make investors cautious; traders expect fresh cues from a key CPO production forecast by leading vegoil analyst Dorab Mistry later this week, he says. The benchmark October contract is trading MYR10 higher at MYR3,110/ton.(surabhi.sahu@dowjones.com)

Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com

Palm Oil Futures Buy If 1230pm Above 3127

CPO Futures hourly indicator will turn buy signal once palm oil futures price is traded 3128 and above at 1230pm today.

Palm Oil Futures Profit Targets 3059 And 3034

Based on low 3083, CPO Futures hourly indicator will cut loss and turn buy if crude palm oil futures price is traded above 3136 at 1130am today. Otherwise, hold selling 3109.

The first profit target range may set at 3059 to 3055, while 3034 to 3030 will be the next profit target level which is 2% drop for the day already.

Crude Palm Oil Futures Will Remain Sell At Close

CPO futures hourly stc indicator will only turn buy signal if 6pm palm oil futures price is closed above 3150 which is remained far from the current price.

Profit targets may be set at 3059 to 3055 and 3034 to 3030 for tomorrow trades.

Crude Palm Oil Futures Will Remain Sell At 4pm

CPO Futures hourly indicator will only turn buy if 4pm crude palm oil futures is traded above 3160 level.

SGS palm oil export at 1.29 million tons.

Crude Palm Oil Futures Sell 3109 At 1130am

CPO Futures hourly indicator hit with another loss of 36 ticks and turned selling 3109 at 1130am today.

The hourly stc indicator will only cut loss and turn buy provided crude palm oil futures price is closed 3153 and above.

Crude Palm Oil Futures Sell If 1130am 3140 Or Lower

CPO Futures hourly indicator will cut loss and turn selling if palm oil futures price is traded 3140 or lower at 1130am today, otherwise hold 3145 buying with targets start at 3185.

Eye on palm oil export figures today. Historical data for these palm oil export figures can be accessed in http://www.101indicators.com/cpofutures/mpob/

Crude Palm Oil Futures Buy 3145 At 5pm

CPO Futures hourly stc indicator cut 10 ticks losses and turned buy 3145 at 5pm. The hourly indicator will remain buying unless crude palm oil futures prices is closed 3137 or lower at 6pm today.

Palm Oil Futures Buy If 5pm 3140 And Above

CPO Futures hourly indicator will cut loss and turn buy if crude palm oil futures prices is traded 3140 and above, otherwise it will remain selling 3135.

Palm Oil Futures Buy If 4pm 3143 Or Higher

CPO Futures hourly indicator will turn buy signal once crude palm oil futures is traded 3143 and above at 4pm later today.

Palm Oil Futures Buy If 1230pm 3148 Or Higher

CPO Futures hourly indicator will remain selling 3135 with profit targets starting from 3095, cut loss and turn buying only if crude palm oil futures prices is closed 3148 and above at 1230pm today.

Palm Oil Futures Buy If 1130am 3150 Or Higher

CPO Futures hourly stc indicator will remain selling 3135 unless crude palm oil futures prices is traded 3150 and above at 1130am today.

The accumulated gross trading profit and loss for this month is still remained in positive zone at only 5 ticks so far based on last selling price of 3135.

Palm Oil Futures Sell 3135 At 5pm

CPO Futures hourly stc indicator took profit and turned selling 3135 at 5pm. The hourly indicator will cut loss and turn buy if palm oil futures prices is closed 3148 or higher at 6pm today.

Crude Palm Oil Futures Sell If 5pm 3142 Or Lower

CPO Futures hourly indicator will turn sell signal if crude palm oil futures prices is traded 3142 or lower at 5pm.

Indonesia export tax cut gave pressure to palm oil prices in Malaysia.

DJ News On Indonesia Cut Crude Palm Oil Tax

Indonesia, the world's biggest palm oil producer, will cut its export tax on

crude palm oil to 15% in August from the current 20%, an official at the

Indonesia Trade Ministry said Thursday.

Indonesia sets a progressive export tax system on palm oil using the average

spot CPO prices in Rotterdam, as part of the government's plan to ensure

sufficient supplies for domestic consumption.

Palm oil producers and exporters have called for a review of the existing palm

oil export tax system, which allows the government to impose tax rates from 1.5%

to as much as 25%, as the levy "distorts the vegoils flow to the market," said

an importer in Mumbai.

However, a recommendation by industry executives to adopt a fixed tax rate on

the commodity is "still far away from being approved," the Jakarta-based

government official, who preferred to remain anonymous, said.

Indonesia exported 15.7 million tons of palm oil last year, an increase of

0.8% from the previous year, according to data from the Indonesian Palm Oil

Producers Association.

-By Shie-Lynn Lim, Dow Jones Newswires; +603 2026 1233; shie-lynn.lim@dowjones.

com

-Andreas Ismar in Jakarta contributed to this story

Crude Palm Oil Futures Sell If 4pm 3132 Or Lower

CPO Futures hourly stc indicator will turn selling once palm oil futures prices is traded below 3133 at 4pm later today, based on the high 3164.

Palm Oil Futures Sell If 1230pm 3124 Or Lower

CPO Futures hourly indicator will turn sell signal once palm oil futures price is closed below 3125 at 1230pm today.

First profit target 3157 had been hit this morning.

Palm Oil Futures Sell If 1130am 3105 Or Lower

If palm oil futures price is traded 3105 or lower at 1130am today, CPO Futures hourly stc indicator will do a stop and reverse sell signal.

Profit targets will remain starting from 3157 and 3182.

Palm Oil Sell If 5pm 3090 Or Lower

CPO Futures hourly indicator will remain its buy signal unless palm oil futures price is traded 3090 or lower at 5pm.

SGS put palm oil export at 1.03 million tons for the first 20 days of July.

Palm Oil Futures Sell If 4pm 3088 Or Lower

CPO Futures hourly indicator will cut loss and turn sell if palm oil futures price is traded 3088 or lower at 4pm later today.

Palm Oil Futures Profit Targets 3157 And 3182

CPO Futures hourly indicator will remain buying 3107 unless palm oil futures price is traded below 3090 at 1230pm today.

Profit targets may start at 3157 and 3182.

Intertek gave a 1.02 millions tons of palm oil first 20 days export figures.

Palm Oil Futures Buy 3107 At 6pm Yesterday

CPO Futures hourly stc indicator was hit with another loss of 15 ticks and turned buy 3107 at 6pm close yesterday. The hourly indicator will remain buy 3107 unless 1130am palm oil futures price is sold down to 3095 or lower.

Eye on palm oil export figures today.

Palm Oil Futures Buy If 6pm 3100 And Above

CPO Futures hourly indicator still remained selling 3092 at 5pm and will do stop and reverse buy if palm oil futures price is closed 3100 and above at 6pm today. Palm oil futures price is currently traded at 3098.

Palm Oil Futures Buy If 5pm 3105 Or Higher

CPO Futures hourly indicator will cut loss and turn buy if 5pm palm oil futures price is traded 3105 or higher; with current price now at 3115, it seems that it will turn buy signal at 5pm.

Palm Oil Futures Buy If 4pm 3127 Or Higher

Based on low 3064, CPO Futures hourly indicator will turn buy signal only when palm oil futures price at 4pm is above 3126 which is still quite high.

Palm Oil Futures Buy If 1230pm Above 3135

CPO Futures will remain sell 3092 unless palm oil futures price is closed above 3135 at 1230pm today, based on low 3064.

Profit targets will be remained as previous post stated.

Palm Oil Futures Profit Targets 3042 And 3017

As CPO Futures hourly stc indicator will only turn buy signal when palm oil future price is traded 3138 and above at 1130am today, the hourly indicator will remain sell 3092.

Profit targets 3042 and 3017 will be remained as the first and second profit taking level.

Palm Oil Futures Will Remain Sell 3092

CPO Futures hourly indicator will remain its selling 3092 unless palm oil futures price is closed above 3136 at 6pm today.

First and second profit targets may set at 3042 and 3017.

Palm Oil Futures Buy If 5pm 3138 Or Higher

CPO futures hourly indicator will cut loss and turn buy if palm oil futures price is traded 3138 and above at 5pm today.

Palm Oil Futures Sell 3092 At 1230am

With a loss of 39 ticks, CPO Futures hourly indicator cut loss and turned selling 3092 at 1230pm today.

The hourly indicator will only turn buy signal if 4pm palm oil futures price is traded 3135 and above which seem very hard to reach for next hour after selling down of crude palm oil futures on Bursa Malaysia Derivatives this morning.

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.

Palm Oil Sell 3116 At 6pm On Friday

Malaysia palm oil futures price sold down in last minute trading before 6pm close on Friday had triggered CPO Futures hourly stc indicator took 41 ticks of profit and turned sell 3116.

Profit maximisation at 3125 to 3135 and 3145 to 3155 had given extra profit for this round of trade.

The hourly indicator will cut loss and turn buy signal if palm oil futures price is traded 3027 or higher at 1130am today.

Palm Oil Sell If 6pm 3121 Or Lower

It seems that CPO Futures hourly stc indicator will have profit since the stop and reverse at 6pm is 3121 or lower today which is quite far away from its buy 3075 at 1130am on 13July.

Palm Oil Sell If 5pm 3122 Or Lower

CPO Futures hourly stc indicator will turn sell signal if palm oil price is traded 3122 or lower at 5pm sharp on Bursa Malaysia Derivatives.

SGS gave 732k tons of palm oil export as compared to Intertek 752k tons this morning.

IF Derivatives Event

There is a "champion trader" competition promotion in Ipoh. IF Derivatives is looking for top traders to trade for their proprietary accounts. Finalist may be recruited as IF's traders or trainers for their education program ( beginners / investors ). Refer to website http://www.ifsbfutures.com/ .

Palm Oil Sell If 4pm 3113 Or Lower

CPO Futures hourly indicator will take profit and turn sell signal once palm oil futures price is traded 3113 or lower at 4pm sharp today.

Intertek palm oil export 752k tons, eye on SGS later afternoon.

Palm Oil Sell If 1230pm Below 3105

CPO Futures hourly indicator will take profit and turn sell if palm oil futures price is closed 3104 or lower at 1230pm today.

Palm Oil Sell If 1130am 3089 Or Lower

Based on high 3145, CPO Futures hourly indicator will do stop and reverse sell if palm oil price is traded below 3090 at 1130am today.

Palm oil futures hit the 2nd profit targets range 3145 to 3155 at 3145 in the last hour of trading yesterday on Bursa Malaysia Derivatives.

MPOB Expects Higher Palm Oil Output Next 8 Years

Malaysia vs Indonesia CPO output at 17.5 vs 21 million tonnes a year now.

Read more: MPOB to increase CPO in next eight years http://www.btimes.com.my/Current_News/BTIMES/articles/20110714202849/Article/index_html#ixzz1S88Dqp2z

Palm Oil Sell If 6pm 3080 Or Lower

CPO Futures hourly indicator will turn sell if palm oil futures price is closed 3080 or lower at 6pm.

Palm Oil Will Remain Buy Signal At 5pm

Judging that 5pm CPO Futures hourly indicator will only turn sell at low end at 3073 or lower, palm oil futures price will remain strong for this hour ended 5pm.

Palm Oil Sell If 4pm 3072 Or Lower

Based on the high 3139, CPO Futures hourly indicator will turn sell signal once 3rd contract month palm oil price is traded below 3073 at 4pm today on Bursa Malaysia Derivatives.

Palm Oil Hit Profit Targets 3125 And 3135

As palm oil futures price hit 3139 high, CPO Futures hourly profit targets had been hit based on profit maximisation strategy. Next target will be 3145 to 3155.

The hourly stc indicator will do stop and reverse sell only when palm oil futures price is closed 3066 or lower at 1230pm today based on high 3139 created this morning.

Palm Oil Profit Targets Start 3125 And 3135

CPO Futures hourly profit target may start at 3125 to 3135 as the first profit targets. As CBOT soybean oil was up, Malaysian palm oil price will follow.

Palm Oil Sell If 1130am 3055 Or Lower

CPO futures hourly indicator will remain buy 3075 unless palm oil futures price is traded 3055 or lower at 1130am on Bursa Malaysia Derivatives today.

DJ Market Talk Palm Oil News

SINGAPORE (Dow Jones)--Tight rapeseed supply this crop year may prompt price-sensitive buyers to switch to palm oil, Macquarie Research said. Macquarie forecast ending stocks in the year that began July 1 at 5.4 million tons, down nearly 7% from 2009-10 ending stocks, as global production is expected to be steady amid firm demand. Rapeseed production in 2011-12 will likely edge upward to 58.8 million metric tons from 58.7 million tons in 2009-10, it said. "We anticipate that rapeseed prices will stay high in comparison to the rest of the vegetable oils complex," Macquarie said, predicting that the elevated prices will encourage substitution to other oils. Palm oil production is strong and stocks are building in the world's No. 2

producer, Malaysia, weighing on prices. End-June stocks were at a 17-month high of 2.05 million tons in Malaysia, according to data from the Malaysian Palm Oil Board, and some traders expect

them to continue increasing due to strong output forecasts for July even as exports decline. Benchmark crude palm oil futures on Malaysia's derivatives exchange tumbled to a 2011 low last week due to the surplus.

-By Surabhi Choudhary, Dow Jones Newswires; +65 6415 4086;

surabhi.choudhary@dowjones.com

Palm Oil Sell If 6pm Below 3055

CPO Futures hourly indicator will cut loss and turn sell signal if palm oil futures price is closed 3054 or lower at 6pm.

Palm Oil Sell If 5pm 3051 Or Lower

CPO Futures hourly indicator will remain buy 3075 unless palm oil futures price is traded 3051 or lower at 5pm today.

Palm Oil Buy 3075 At 1230pm

CPO Futures hourly indicator cut 5 ticks losses and turned buy 3075 at 1230pm today.

The hourly stc indicator will stop and reverse sell if palm oil futures price at 4pm is below 3055.

Palm Oil Buy If 1230pm 3063 And Above

CPO Futures hourly indicator will cut loss and turn buy if 1230pm palm oil futures price is closed 3063 or higher.

Palm Oil Buy If 1130am 3081 Or Higher

As previous post, CPO Futures hourly stc indicator will turn buy signal once palm oil futures price is traded above 3080 at 1130am today.

Palm Oil Buy If 6pm Above 3080

CPO Futures hourly indicator will turn buy signal if palm oil futures price is closed above 3080 at 6pm today.

Palm Oil Buy If 5pm Above 3085

CPO Futures hourly indicator is still holding on its sell signal unless palm oil futures price is traded above 3085 at 5pm today.

Profit targets remain.

Palm Oil Will Remain Sell 3370

CPO Futures hourly indicator will remain sell 3370 unless palm oil futures price is traded above 3090 at 4pm today.

Profit taking targets start 3020 and 2995.

Palm Oil Buy If 1230pm 3090 And Above

CPO Futures hourly indicator will only cut loss and turn buy signal once palm oil futures price is closed at 3090 or higher at 1230pm today. Otherwise, hold sell 3070 with first profit target 3020.

Palm Oil Buy If 1130am 3085 Or Higher

CPO Futures hourly stc indicator will cut loss and turn buy signal if palm oil futures price is traded 3085 and above at 1130am today.

Palm Oil Buy If 6pm 3092 Or Higher

CPO Futures hourly indicator will remain sell 3070 unless palm oil futures price is closed above 3091 at 6pm today.

Palm Oil Futures Sell 3070 At 4pm

CPO Futures hourly indicator took 25 ticks of profit and turned selling 3070 at 4pm today.

The hourly stc indicator will cut loss and turn buy signal if palm oil futures price is traded 3085 or higher at 5pm later today.

SGS 398k vs Intertek 400l tons for the first 10 days of July palm oil export.

MPOB Palm Oil Output Unchange But End Stcok Up

Accordingly to sources, crude palm oil production for June slightly higher at 1.75mil tons but end month stock for June palm oil is 2.05mil tons. Refer MPOB page at 101indicators.com or click HERE.

Palm Oil Sell If 4pm Below 3077

CPO Futures hourly indicator will turn sell signal if 4pm 3rd contract month palm oil futures price is traded 3076 or lower.

Palm Oil Sell If 1230pm 3072 Or Lower

CPO Futures hourly indicator will turn sell signal once palm oil futures price is closed below 3073 at 1230pm today.

Eye on MPOB and afternoon SGS export figures.

Palm Oil Sell If 1130am 3072 Or Lower

CPO futures hourly based on stc indicator will turn sell if palm oil futures price is traded 3072 or lower at 1130am today.

MPOB will release its official supply and demand of palm oil after the morning trading session close in the afternoon today on Bursa Malaysia Derivatives.

Palm Oil Sell If 6pm 3061 Or Lower

CPO Futures hourly indicator will turn sell signal if palm oil futures price is closed 3061 or lower at 6pm today.

Palm Oil Sell If 5pm 3050 Or Lower

CPO Futures hourly indicator will turn sell once 5pm palm oil futures price is trade 3050 or lower.

Palm Oil Sell If 4pm 3038 Or Lower

CPO Futures hourly indicator turn sell if palm oil futures price is traded 3038 or lower at 4pm today.

Palm Oil Profit Maximization Strategy

CPO Futures hourly stc indicator hit its first profit target 3085 at 3100 using profit maximization strategy by placing early target to profit take. It also hit its second profit target 3105 before 1130am update.

Next targets 3125 and 3150.

Based on high 3110, the hourly indicator will turn sell once palm oil futures price is traded 3028 or lower at 1230pm.

Palm Oil Profit Targets 3085 And 3105

CPO Futures hourly indicator will cut loss and turn sell if palm oil futures price is traded below 3029 at 1130am today.

Profit targets start 3085 and 3105.

Palm Oil Sell If 6pm 3024 Or Lower

CPO futures hourly indicator will cut loss and turn sell if palm oil futures price is closed below 3025 at 6pm today.

DJ Market Talk Palm Oil News

[Dow Jones] BMD CPO futures are higher on the back of crude prices and the Dalian complex; a trading executive in Kuala Lumpur says that the market is expecting fresh cues from Malaysia palm oil stocks, exports and output data for June likely to be released by MPOB Monday and the USDA supply-and-demand report due Tuesday; still, he doesn't a breach of MYR3,100/ton resistance as output and inventories data is likely to be bearish. Benchmark September CPO is MYR25 higher at MYR3,054/ton. (surabhi.choudhary@dowjones.com)

Palm Oil Sell If 5pm 3026 Or Lower

CPO Futures hourly indicator still remain its long 3045 and will cut loss and turn sell only when palm oil futures price is traded 3026 or lower at 5pm.

Palm Oil Sell If 4pm 3027 Or Lower

Amended: CPO Futures hourly indicator will cut loss and turn sell if palm oil futures price is traded 3025 or lower (not 3027 or lower as the above stated) at 4pm later today.

Palm Oil Sell If 1230pm 3022 Or Lower

CPO Futures hourly indicator will cut loss and turn sell if palm oil futures price is closed 3022 or lower at 1230pm today, which has been adjusted lower from 3027.

DJ Market Talk Palm Oil News

[Dow Jones] BMD CPO futures are likely to open up MYR5-MYR10, in step with a marginal rise in Chicago soyoil, a commodities broker in Kuala Lumpur says; but China's late Wednesday interest rate hike and bearish supply-side fundamentals may reverse the gains in later trade; from a technical perspective, "prices are likely to slip below a chart-based support of MYR3,015 a ton later today as the record increase in open interest is a negative long-term indicator for price trend," says S. Paramalingamat Kuala Lumpur-based brokerage Pelindung Bestari. BMD CPO open interest hits a record high of 130,833 lots vs 125,009 lots Wednesday. Benchmark September CPO ended 0.4% lower at MYR3,029/ton Wednesday. December CBOT soyoil ended +0.3% at 56.39 cents/lb.

(shie-lynn.lim@dowjones.com)

Palm Oil Sell If 1130am 3027 Or Lower

Based on low 3016, CPO Futures hourly indicator will cut loss and turn sell if palm oil futures price is traded 3027 or lower at 1130am today, otherwise hold buy 3045.

Sell stop 3015 may be placed if traders wish to protect from further losses.

Palm Oil Sell If 6pm 3025 Or Lower

Based on low 3016, CPO Futures hourly indicator will turn sell if 6pm palm oil futures price is closed 3025 or lower.

Palm Oil Sell If 6pm 3027 Or Lower

CPO Futures hourly indicator will turn sell signal if palm oil futures prices is closed below 3028 at 6pm today, which is similar to previous post.

DJ Market Talk Palm Oil News

BMD CPO futures are marginally higher after moving

both ways; investors seeking direction amid concerns about burgeoning supplies

in the coming months and offsetting expectations of strong export demand because

of a wide discount to competing soyoil, traders say. Still, the market is

unlikely to sustain rally, as "I believe prices are likely to decline to a

support level of MYR2,950/ton in the near-term," says a technical analyst in

Kuala Lumpur. Benchmark September contract is trading 0.2% higher at

MYR3,047/ton. (shie-lynn.lim@dowjones.com)

Palm Oil Futures Sell If 5pm Below 3028

CPO Futures hourly indicator turn sell if palm oil futures prices is traded 3027 or lower which has been adjusted a bit lower as compared to previous post.

Profit targets will be remained starting at 3085.

Palm Oil Will Remain Buy 3045

CPO Futures hourly indicator will remain its buying 3045 unless palm oil futures prices is traded below 3030 at 4pm today.

Profit targets start at 3085.

Palm Oil Futures Buy 3045 At 1130am

CPO futures hourly indicator took 5 ticks profit and turned buy 3045 at 1130pm just now.

The hourly stc indicator will cut loss and turn sell if 1230pm palm oil futures prices is traded 3033 or lower.

Palm Oil Buy If 1130am Above 3040

Based on low 3018, CPO Futures hourly indicator buy if palm oil futures prices is traded above 3040 at 1130am today.

Palm Oil Buy If 6pm 3054 And Above

Based on low 3023, CPO Futures hourly indicator will turn buy signal once palm oil futures price is closed 3054 or higher at 6pm today.

News from DJ market talk:

0841 GMT [Dow Jones] BMD CPO futures falls on bearish supply-side

fundamentals and tracking crude, says a trading executive in Kuala Lumpur; he

adds Malaysia's end-June stocks may hit 2.38 million tons, up 24% on month in

MPOB data due to be issued Monday. He expects BMD CPO prices to slip further in

afternoon session, pegging support at MYR3,000/ton on still-strong export

demand. The benchmark September contract is trading MYR21 lower at 3,030/ton, at

the low end of the day's range so far of MYR3,023-MYR3,056/ton. Nymex August

crude is down 11 cents at $94.83/bbl on Globex. (surabhi.choudhary@dowjones.com)

Palm Oil Buy If 5pm Above 3060

CPO Futures hourly indicator will remain sell unless palm oil futures price is traded 3061 or higher at 5pm, based on low 3023.

Profit target may first start at 3000.

Palm Oil Buy If 4pm 3068 Or Higher

CPO Futures hourly indicator will cut loss and turn buy if palm oil futures price is traded 3068 and above at 4pm today.

Palm Oil Buy If 1230pm 3070 Or Higher

CPO Futures hourly indicator will remain sell 3050 unless palm oil price is closed 3070 and above at 1230pm today.

RSI Performance From January To June

Click HERE for the details of RSI performance in the first half of this year.

STC Indicator Performance From January To June

Since publicly open up for viewing, the stc indicator profit and loss record for every single trade can be seen easily, excluding profit maximisation strategy. Click HERE for details.

Palm Oil Sell 3050 At 6pm Yesterday

CPO futures hourly stc indicator cut 21 ticks of losses and turned selling 3050 at 6pm close yesterday. The indicator will do a stop and reverse buy if palm oil futures price is traded 3065 and above at 1130am today.

Palm Oil Sell If 6pm Below 3060

CPO Futures hourly indicator sell if 6pm palm oil futures price is closed 3059 or lower

Palm Oil Sell If 5pm 3057 Or Lower

CPO Futures hourly indicator will cut loss and turn sell if palm oil price is traded 3057 or lower at 5pm.

DJ Palm Oil News

0451 GMT [Dow Jones] BMD CPO futures are higher midday on mild technical

buying interest after last week's sharp fall; but the market could fall later in

week as traders focus on weak supply-side fundamentals. Market estimates put

June output +7% on month, with stocks pegged at 2.15 million tons. CPO may fall

to test MYR2,900/ton later this week, an 8-month low, a trading executive in

Karachi says; he he adds that a sharp price dip could lead to a "buying frenzy"

in the physical market and boost export demand. Benchmark September CPO is 1.5%

higher at MYR3,083/ton. Immediate resistance is at MYR3,090/ton.

(shie-lynn.lim@dowjones.com)

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.

Palm Oil Futures Buy If 1130 At 3090 Or Higher

CPO Futures hourly indicator will turn buy signal if 1130am palm oil futures price is traded 3090 and above.

DJ Palm Oil News

Palm oil prices are expected to fall more in the

third quarter and lure more price-sensitive buyers away from competing soyoil,

an industry executive said Friday.

"[Supply] fundamentals for palm oil aren't looking good...prices have the

potential to fall more this quarter," Pakistan Edible Oil Refiners Association

Vice Chairman Rasheed Janmohammad told Dow Jones Newswires from Karachi.

Palm oil on Malaysia's derivatives exchange has lost 21% since the beginning

of the year and may fall to MYR2,950 a metric ton in the July-September period

as stock levels rise, he said. "The discount between refined palm olein and

crude soyoil from South America could widen to $200/ton."

Refined palm olein for August shipment to Pakistan was last offered at

$1,130/ton, making it $165/ton cheaper than crude soyoil from South America that

was last offered at $1,295/ton.

-By Shie-Lynn Lim, Dow Jones Newswires; +603 2026 1233; shie-lynn.lim@dowjones.

com

Palm Oil Remain Sell Today

judging on the last traded price 3043 at 4pm, CPO Futures stc indicator will remain selling for the rest of today trading session since the stop and reverse buy signal is still at 3110 and above.

Profit targets 3022 and 3002 are still valid targets for profit maximisation strategy.

Palm Oil Buy If 4pm Above 3113

CPO Futures hourly indicator will only turn buy signal if palm oil price is traded 3114 or higher at 4pm today. Judging on the current price, the stc indicator will remain sell 3072 at 5pm too, with profit targets at 3022 and 3002.

Palm Oil Profit Targets 3022 and 3002

CPO Futures hourly indicator will remain sell unless 1230pm palm oil futures price is closed above 3116 today.

Palm oil profit targets may be placed at 3022 and 3002.

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.