As mentioned in previous post, the short 2424 based on one of the hourly key indicator that I wish to update in the month of June is having its stop-and-reverse (SAR) buy signal above 2395 in next 2 60-minute trading sessions, it is believed that the hourly key indicator will remain in selling signal for its short term technical trend trading.
If only the cpo futures prices keep lower, then the SAR buy signals will get lower; otherwise, it is highly possible that the short will remain until 6pm market close. Therefore, 2395 will be the marking point for next few trading sessions.