Tuesday 25 November 2014

Indicator Y Short 2223 - Off The Low 2187

It is definitely a stress month with full of fear and greed in this November which will only have another three more trading days to find out the accumulated profit or loss.

The hourly indicator Y is still holding on the short position at 6pm today which the cpo futures market has basically wiped out 36 points of floating profit against its short 2223 from the low 2187 to the high 2223.

The hourly indicator Y is finding no stop and reverse buy signal at 1130am tomorrow. Update will be more frequent since its stop and reverse trade signals may be adjusted lower after 1230pm tomorrow unless cpo futures price is traded near to the low 2187 again.