Without taking into consideration on any higher high lower low data, the hourly indicator Y long 2239 will have to cut loss turn sell if cpo futures price is traded 2205 or lower at 1130am later today.
This will be the 6th losing trade in a row once the stop and reverse sell trade signal is triggered at 1130am that we always like to categorize them as multiple losing trades.
No matter what will be the trade today, it is believed that November will be the worst month ever recorded in the past 11 months in this year 2014. What will be the performance in the coming December!