Tuesday 2 December 2014

Indicator Y Short 2161 - 1130am And 1230pm

The hourly indicator Y short 2161 is finding no stop and reverse buy trade signals at 1130am and 1230pm respectively and therefore the short position will be remained in the morning sessions. This is based on the idea that the cpo futures price is traded between 2130 and 2083 range according to the trading guides.

The guessing game of crude oil and palm oil (read back previous posts and you may find more):

Crude Oil vs Palm Oil
70
2004
69
1975
68
1947
67
1918
66
1890

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