Friday 10 October 2014

Indicator Y - 4pm 2168 SAR For 2180 Long

Without taken into consideration of any higher high lower low data, the 60-minute indicator Y will have to cut loss and turn selling once cpo futures price is last traded at 4pm below 2169. It will be the second losing trade for this month after making 17 ticks in first trade and losing 30 ticks in second trade.

MPOB September figures is Output 1.9m, Stock 2.09m and Export 1.6m.