The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
Monday, 22 November 2010
CPO Futures Sell if 1230pm 3261 or lower
CPO Futures for hourly indicator will remain holding its buy at 3234 unless 1230pm close 3261 or lower. CPO hourly indicator sell signal had been adjusted higher from 3222 to 3261 for 1230pm, which mean the hourly indicator may turn sell signal in near future if the cpo futures price is still hanging around below 3300.
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