Friday 10 October 2014

Indicator Y - Long 2180 With Low SAR

It is believed that the long 2180 based on 60-minute indicator Y trading guide will still be holding on since the stop and reverse sell trade signal is very low for 1130am.

Unless the last traded cpo futures price at 1130pm is below 2150, we will not be able to adjust higher the stop and reverse sell trade signal for 1230pm.

MPOB figures will be out today, with Reuters and Bloomberg surveys given lower output.