Tuesday, 17 July 2012

STC Long If 6pm Above 3135

Daily stc indicator short 3082 will face a loss and turn long if cpo futures price is closed above 3135 at 6pm today. Otherwise, hold on the losing short 3082.
Daily key indicator however maintains its long 3030 unless the cpo futures price is closed below 3057 at 6pm today.
Daily dmi indicator hit RM32 of losing trade yesterday by cutting loss at 3101 technically and turned long. It will remain long from now on unless cpo futures price is traded 3056 today that will trigger stop and reverse sell signal.