Friday 20 May 2011

CPO Futures Sell If 5pm 3362 Or Lower

CPO Futures hourly indicator is still holding its buy 3338 with first profit target hit at 3378 and look forward on 3398 and 3418 now.
Based on high 3391, CPO futures hourly indicator will turn sell if 5pm palm oil futures price is traded below 3363.
SGS gave a better figures compared to Intertek this morning.