Thursday 2 August 2012

STC Sell If 6pm CPO Futures Below 2953

Daily stc trend indicator long 3005 will have to cut loss and turn sell once cpo futures price is closed 2952 or lower at 6pm today; or else, hold on the long.
Daily key indicator and dmi indicator will have the stop and reverse buy signal at 3031 and 3043 respectively today; thus, it is believed that both daily trend indicators will hold on the short 2994 and 3056 for today or even longer periods.