FKLI long 1850.5 using the indicator Y is still holding on after we kept updating new stop and reverse sell trade signals in the morning trading sessions. We will see a sell trade signal if the index futures is closed 1838 or lower at 1245pm. In short, cut loss turn sell if 1245pm below 1838.5.
FCPO long 2168 using the indicator Y is still struggling even though cpo futures was traded above 216 at opening in this morning trading session. The stop and reverse sell trade signal is now even lower at 1130am data, we therefore maintain the long signal at 1230pm close or even in next few trading session if cpo futures prices is hovering around 2150s to 2170s.
We need to have the prices of FKLI FCPO above the buying level or else the stop and reverse sell trade signal may get higher in near future. The frequency of updating new posts will only get lower once the prices go above the buying level or stop and reverse sell trade signals being triggered!