Tuesday 12 June 2012

STC Long 2989

Daily stc indicator took a small profit of 17 ringgit per contract for cpo futures and turned long 2989 at yesterday 6pm against its short 3006. It will remain long 2989 unless cpo futures price is closed below 2963 today.
Daily key indicator will turn buy once cpo futures price is closed above 3074 today.
Daily key indicator will also turn buy if cpo futures price is traded 3094 today.