Tuesday 7 June 2011

CPO Profit Target Starts 3364 To 3359

CPO Futures hourly indicator may start its first profit target from 3364 to 3359 at traders' own discretions. Then next at 3334 to 3329.
Based on low 3350, CPO Futures hourly indicator will cut loss and turn buy once palm oil futures price is traded above 3435 at 1130am today.
This month accumulated profit has reached 87 ticks as of 4pm yesterday 3409 last traded selling price. If this selling 3409 able to earn profit, the accumulated profit will also get more.