Monday 18 April 2011

CPO Futures Buy 3241 At 1230pm

With 133 ticks of profit taking, CPO Futures hourly indicator had done a very good trade this short term down trend and turned buy at 3241 at 1230pm today after changing of contract month from JUNE to JULY which had a different of about 10 ticks.
CPO Futures hourly indicator will cut loss and turn sell if palm oil price is traded 3228 or lower at 4pm later today.