Monday 24 January 2011

CPO Futures Buy if 6pm 3813 or higher

CPO Futures hourly indicator turned sell signal at 5pm at 3782 with another loss of 40 ticks. This few trades had substantially reduced this month accumulated profit.
CPO Futures hourly indicator will cut loss and turn buy again if 6pm at 3813 or higher for palm oil futures price on Bursa Malaysia Derivatives.