Tuesday, 24 March 2015

Indicator Y L2193 L1779.5 - Sell If 1245pm 1798

The FKLI long 1779.5 has a wild and volatile trend and kept trading near its stop and reverse sell trade signal. As the index futures was traded above its stop and reverse sell signal at 1145am, we will look at the 1245pm trade signal.

The stop and reverse sell trade signal will be triggered if the index futures is closed 1798 or lower at 1245pm in the morning trading session close today. Otherwise, hold on the long 1779.5.

The FCPO long 2193 is facing big pressure now as the cpo futures is kept trading below its buying level. We may have a clear signal in the afternoon trading session according to the short term technical indicator Y trading guides.