Wednesday, 22 April 2015

Indicator Y L2168 L1850.5 - FCPO 5pm Indicative Price

We may get a clear indicative price on the stop and reverse sell trade signal for the indicator Y long 2168 on FCPO short term technical trend trading at 5pm later afternoon trading session if the cpo futures price is kept trading below 2150 level.

Traders will therefore need to suffer for another one more hour in finding a clearer trade signal after opening at 3pm for the afternoon trading session today. Eye on the 4pm write-up which will be posted if we get the indicative price for the 5pm stop and reverse trade signal on FCPO.

The indicator Y long 1850.5 on FKLI will have to keep enjoying the fear and greed while finding no stop and reverse trade signal. We may not even get any indicative price if the index futures is traded in such a range in the morning trading session!