Wednesday, 26 November 2014

Indicator Y Short 2223 - Is Struggling Again!

The cpo futures price is kept trading near the hourly indicator Y short 2223 and this will definitely put more pressure to see where will be the stop and reverse buy signal, but it is still believed that the 1230pm stop and reverse signal is far up high above 2249 and therefore will not be quoted at the moment.

Less than three trading days means the hourly indicator Y will see only another 10 over hourly data range which will probably not able to help putting the good figures for the month of November profit and loss.