Both FKLI FCPO using the short term technical indicator Y trading guides will have its stop and reverse buy trade signal being adjusted much lower at the morning trading session close today.
FCPO short 2175 will have to do a stop and reverse buy once the cpo futures price is closed any price above 2145 at 1230pm today, which mean, it is highly possible the indicator Y will turn buy signal at the morning trading session close. Will it be the 8th multiple losing trade?
FKLI short 1844 will have to cut loss turn long if the index futures is closed 1847 or higher at 1245pm today.