Wednesday 11 May 2011

Palm Oil Futures Sell If 1130am 3231 Or Lower

CPO Futures hourly indicator will remain its next profit taking targets at 3286 and 3311, with sell stop 3216 limit 3211 to protect its earlier long positions.
Based on high 3282, the indicator will turn sell signal once palm oil futures price is traded below 3232 at 1130am today.