CPO Futures hourly indicator will remain holding buy at 3670 after it turned buy at 5pm yesterday. USDA bullish report over yesterday night helped pushing up at the opening for palm oil futures. However, weak cpo export especially for the first half of this month will keep haunting market for short term basis.
CPO Hourly indicator will remain buy signal even palm oil futures sold down to the low at 3625 at 1230pm. Thus, the stop loss sell at 3645 can be placed to protect from further losses for 1230pm hourly indicator.