Tuesday 7 June 2011

CPO Futures Buy If 5pm 3411 Or Higher

Palm oil Futures hourly traded higher in the afternoon session and this had bring down the CPO Futures hourly indicator turn buy signal from 3437 to 3411, that is, the hourly indicator will turn buy once 5pm palm oil futures price is traded above 3410.
Judging the momentum of the market sentiment, the next profit target will be hard to reach. Traders eye on 10th June MPOB figures with stock will go up.