Wednesday 1 December 2010

CPO Futures Sell if 5pm 3468 or lower

Based on high 3500, CPO Futures hourly indicator will turn sell if 5pm 3468 or lower. News about bullish outlook for palm oil prices at the 6th Indonesia Palm Oil Conference & Price Outlook in Bali 1-3 December may spur more speculative positions and increase the volatility of palm oil prices.