Tuesday 17 February 2015

Indicator Y L2312 L1801.0 - Assuming Below 2287

(We will not be able to update any stop and reverse trade signal tomorrow and wish to apologize for any inconvenience to readers traders. However, we hereby make an assumption for tomorrow's stop and reverse trade signals...)

Assuming cpo futures price is closed near or below 2287 at 6pm today, the short term indicator Y will probably have a stop and reverse sell trade signal in the morning trading session close tomorrow at 1230pm.

Therefore, we may assume that the stop and reverse sell trade signal will be triggered if cpo futures price is closed below 2287 at 1230pm tomorrow without taking into consideration on any unforeseen circumstances. Otherwise, the FCPO will have to hold on the long 2312 for long holiday. (and therefore again, we have given readers traders one day in advance on the stop and reverse trade signal! )

FKLI long 1801 will probably have to hold on for the long holiday too since the stop and reverse trade signal is at very low level for tomorrow trade signals.