It will definitely become a losing trade if the index futures is closed 10 index points above its selling price 1856.5 based on the short term technical trend indicator Y trading guides that had adjusted the stop and reverse buy trade signal at 1869 from the previous post's indicative price.
Tomorrow is the settlement day for April contract, we will theoretically rollover the whatever stop and reverse trade price to new contract month even though readers traders can let their contracts cash settled.
The indicator Y short 2158 on FCPO is having the same scenario like what we did mention in previous post too. Enjoy the fear and greed!
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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