Tuesday 21 June 2011

Palm Oil Sell If 1130am 3197 Or Lower

Palm oil futures third contract month, September, was traded lower at yesterday close especially in the last 15 minutes before 6pm there was a sell down and closed 3193.
CPO Futures hourly indicator will cut loss and turn sell if palm oil futures price is traded 3197 or lower at 1130am today, or else hold long 3213.