CPO Futures Sell If 4pm 3324 Or Lower

CPO Futures hourly indicator will turn sell signal once 4pm palm oil futures price is traded 3324 and lower for August contract month.

The July contract month will follow the turn sell signal once August contract month is turned selling. As a result, traders now can forget about July contract month as we may regard it the normalization on change of month and discount has been completed so that traders can concentrate on August contract month solely which is the most active month now.