Tuesday, 14 October 2014

Indicator Y - 6pm Trade For 2172 Short

As the cpo futures prices is still in between 2185 high 2162 low today, the stop and reverse buy trade signal will basically not be able to have for the 6pm trade decision unless traders set own cut loss point at a certain high level without following the hourly indicator Y trading guide.

The hourly indicator Y is maintaining its bearish technical short term view since the short 2172 has no 6pm stop and reverse trade signal. Therefore, the short is holding on for overnight again.