Thursday 6 January 2011

CPO Futures Sell if 6pm 3867 or lower

CPO Futures hourly indicator will cut loss and turn sell if 6pm at 3867 or lower, otherwise hold buy 3879 for next trading day. Selling signal being adjusted much higher now.
Surprisingly, all the last 4 hours, the palm oil prices were closed all at 3879 for the hourly data.