Again, CPO Futures hourly indicator cut loss and turned buy signal 3675 at 1230pm this afternoon with a loss of 12 ticks. The accumulated profit is 312 ticks or RM7,800.00 per contract for February as of 1230pm today, and still have another 5 trading days to go.
CPO Futures hourly indicator will cut loss and turn sell if palm oil futures can go to 3666 and lower at 4pm today.