Monday 21 March 2011

CPO Futures Sell If 1130am 3357 Or Lower

Based on high 3450, CPO Futures hourly indicator will turn sell if 1130am palm oil price is at 3357 or lower.
Since earlier targets were all hit, trader can now target at 3470 and 3495 as the next 150 and 175 ticks profit taking level respectively.