Wednesday, 4 March 2015

Indicator Y L2277 s1816.5 - FKLI Short 1816.5 Yesterday

FKLI index futures long 1801 (since 13/2) had finally hit the stop and reverse sell trade signal at 515pm close yesterday at 1816.5 according to the short term technical trend indicator Y trading guides which we did give readers traders an early indication before the close in the previous post.

The short 1816.5 will remain until the next stop and reverse buy trade signal is triggered which we believe that there will be no clear signal in next few trading sessions since it was just turning sell yesterday.

FCPO long 2277 reached high 2382, how high will cpo futures price go with such an important day today that we will see those VVIPs having the speeches in Palm Oil Conference today. Go to the website HERE to see the details when will Thomas Mielke, James Fry and Dorab Mistry give their outlook on cpo futures.