Friday 30 December 2011

DMI 3085 STC 3063

Daily DMI indicator will remain its long 3043 unless cpo futures 3rd contract month is traded 3085 which will trigger the stop and reverse sell signal.
Daily STC indicator will also remain its long 3072 unless the cpo futures price is closed 3063 or lower today.
Happy New Year to all cpo futures trading participants on Bursa Malaysia Derivatives.

Thursday 29 December 2011

STC 3020 DMI 3077

Based on high 3205, daily STC indicator has its stop and reverse sell level at 3020 today at close.
Daily DMI indicator has its stop and reverse sell trigger point at 3077.
Both stop and reverse sell signals remain low today.

Wednesday 28 December 2011

STC 3072 DMI 3042 At 5th Trading Day

Both daily STC and DMI indicator will remain long position for the 5th trading day today since the stop and reverse sell level is still far below the closing price 3159. Thus, traders may put a stop loss near the buying level to protect unnecessary losses.

Tuesday 27 December 2011

CPO Futures Need Over 5 Percent To Turn Sell

Daily STC and DMI indicator on CPO Futures will technically hold long 3072 and 3042 today since CPO Futures price is basically impossible to hit more than 5% below the last closing price 3170. It is believed that it will be holding on the long even for this whole week based on the technical level that seems hard to do a stop and reverse sell.

Friday 23 December 2011

Merry Christmas And Happy New Year

To all cpo futures traders, wishing all having a wonderful and joyous white Christmas and prosperous new year.
Both daily STC and DMI indicator will be very hard to reach its stop and reverse sell level which is at 2964 at close and 3020 trigger point today. Thus, hold on the long 3072 (STC) and 3042 (DMI).

Thursday 22 December 2011

STC 3072 DMI 3042 Long

Daily STC indicator turned buy 3072 at yesterday's close, while daily DMI indicator turned buy 3042 after cpo futures price was traded 3042 before the morning trading session close yesterday.
Both technical indicators will hold on the long position respectively unless cpo futures price is traded 2999 and closed 2981 or lower today.

Wednesday 21 December 2011

STC 3010 DMI 3042

Since holding short 3191, daily STC indicator is now getting near to turn buy signal which it will turn buy if cpo futures is traded 3010 and above today that is now below the closing price 3020 being settled yesterday.
Daily DMI indicator is also holding on the short 3087 triggered on 8th December and will turn buy signal once cpo futures is traded 3042 today.

Tuesday 20 December 2011

STC 3030 DMI 3046

Daily STC indicator for cpo futures will turn buy signal once the cpo futures price is closed 3030 or higher at 6pm today. Otherwise the indicator will continue holding on its short 3191.
Daily DMI indicator is also holding on the short 3087 and will turn buy signal once cpo futures price is traded 3046 today.

Monday 19 December 2011

STC 3191 DMI 3087

CPO futures based on daily STC indicator is holding on the short 3191 since 21st November and daily DMI indicator is 3087 short since 8th December.
Judging on the stop and reverse price 3050 for DMI and 3087 for STC today, both daily technical indicators will remain sell position today.

Friday 9 December 2011

DMI 3121 STC 3143

DMI daily indicator hit with 32 ticks of losses yesterday after cpo futures price 3087 was triggered near 6pm closing. It is now holding on the short 3087 with stop and reverse buy 3121 today.
STC daily indicator however maintains its short 3191 and will only stop and reverse buy if cpo futures price is closed above 3142 today.

Thursday 8 December 2011

STC 3137 DMI 3087

DMI daily indicator had finally cut loss and turned buy 3119 after cpo futures price was traded 3119 and coincidentally closed 3119 also at 6pm yesterday. It incurred a loss of 4 ticks against its selling 3115 since 24th November. It will do a stop and reverse sell if cpo futures price is traded 3087 today.
STC daily indicator is still holding on the short 3191 unless cpo futures price is closed above 3136 today.

Wednesday 7 December 2011

DMI 3119 STC 3152

Both DMI and STC daily indicators will remain short 3115 and 3191 respectively unless the following cpo futures price is violated:
If 3119 is traded, DMI buy; and if 3152 or higher at 6pm, STC buy.

Tuesday 6 December 2011

DMI 3140 STC 3150

DMI daily indicator will cut loss and turn buy if cpo futures is traded 3140 today while STC daily indicator will turn buy once cpo futures is closed 3150 or higher at 6pm today.
DMI short 3115 on 24th November while STC short 3191 on 21st November.

Friday 2 December 2011

DMI 3145 STC 3197

Both technical indicators on cpo futures will remain sell signal as its stop and reverse buy signal is still far away as quoted at the above title post.
DMI daily indicator will hold on the selling 3115 unless cpo futures is traded 3145 today.
STC daily indicator will also hold on the selling 3197 unless cpo futures is closed above 3196 today.