Friday, 27 March 2015

Indicator Y L2199 L1779.5 - Sell If 4pm Below 2167

The FCPO long 2199 using the short term technical trend indicator Y will have to cut loss turn sell once the cpo futures price is last traded 2166 or lower at 4pm in the afternoon trading session today. Otherwise, hold on the long 2199 while facing "high" floating loss after seeing low 2148 in the morning trading session.

FKLI long 1779.5 will only have its stop and reverse sell trade signal more clearly if the index futures price is traded lower than 1800. We will only post an update once the stop and reverse trade signal is clear like what is happening in FCPO now according to the indicator Y trading guides.