Thursday, 9 October 2014

Indicator Y - 4pm 2210 For 2180 Long

Since 4pm was traded 2210 in cpo futures trading on Bursa Malaysia Derivatives, the 60-minute indicator Y is now having some good floating profit while facing a very low stop and reverse sell trade signals below 2150 for its 5pm and 6pm.

Since the 60-minute indicator Y is adjusting its stop and reverse trade signal lower, it is believed that the long 2180 will hold on until after MPOB figures tomorrow.