(We will close our survey box one day earlier and therefore please post your comments by the latest tomorrow afternoon. We sincerely appreciate readers traders who did write us some good comments.)
The hourly indicator Y short 2161 is believed to hold on for next three hourly trading sessions in the afternoon today if cpo futures price is traded in the morning range or lower.
It is important to see the cpo futures price is traded below 2100 in order to give selling to have more momentum and keep the stop and reverse buy trade signal much further away from the current high level. We will only disclose the stop and reverse buy trade signal when the signal drop significantly with possibility to be triggered.