DMI 3056 KEY 2994 Short

Daily dmi indicator hit RM45.00 per contract basis losses after cpo futures price was traded 3056 yesterday. It is now holding on short 3056 with the stop and reverse buy signal at 3126 today.

Daily key indicator long 3030 had finally cut loss and turn selling 2994 at 6pm close yesterday. Its stop and reverse buy signal for today is 3057 or higher at 6pm.

Daily stc indicator however maintains the short 3082 since 11st July and will still remain short today since the stop and reverse buy signal is more than RM150 away from the closing price.