CPO Futures Sell If 4pm 3193 Or Lower

CPO Futures hourly indicator will turn sell signal if palm oil futures price is traded 3193 or lower at 4pm later today.

Sell stop limit order and profit taking targets will be remained as previous post stated.

Supply and demand official figures had been released by MPOB with stock for April was 1.67mil MT vs 1.61mil MT as in March. April production was 1.53mil MT vs 1.42mil MT in March. The First 10-day palm oil export in May was 324k MT given by ITS and SGS respectively at same figures.