Tuesday 10 March 2015

Indicator Y s2295 s1816.5 - MPOB

Here is the MPOB February 2015 demand and supply figures :

Production 1,121,628 vs 1,160,687 (-3.37%) 
End Stock 1,743,102 vs 1,770,142 (-1.53%)
Export 971,640 vs 1,191,259 (-18.44%)
Import 63,515 vs 89,908 (-29.36%)
Local disappearance 240,543 vs 304,983 (-21.13%)

FCPO short 2295 based on the short term technical trend indicator Y trading guides will find no stop and reverse buy trade signals.

FKLI short 1816.5 will also maintain the short since the stop and reverse buy trade signal is remained high.