Friday 15 May 2015

Indicator Y L2145 L1802.0 - FCPO 5pm Indicative Price

The indicator Y long 2145 on FCPO short term technical trend trading will have to do a stop and reverse sell trade once the cpo futures price is last traded 2200 or lower at 5pm in the afternoon trading session today.

If it is not triggered at 5pm, we will eye on the 6pm stop and reverse trade signal which is believed to be even higher as long as the cpo futures price is traded at the current levels.

This will be the second stop and reverse trade signal for this month if the indicator Y has its trade signal being triggered at 5pm.