Wednesday 29 October 2014

Indicator Y - Long 2137 Day 6 Next Target 2287

2287 will be the 150 points from the long 2137 after the cpo futures price hit 2238 the 101 points this morning. Will cpo futures price reach the next target 2287? Again, this is just a guess without following the hourly indicator Y trading guides.

It is basically no stop and reverse sell trade signal for today based the hourly indicator Y trading guides since it will be "ridiculous" seeing cpo futures price tumble down to below 2200 now. But if the fear come in, traders may have a stop loss at 2188 to protect some profits!