Friday 23 September 2011

DMI Sold 3016 STC Sold 3009

Daily DMI indicator hit a sell signal when palm oil futures was traded 3016 in yesterday's morning trading session. STC indicator also turned selling 3009 at yesterday's market close.
The DMI indicator will remain selling unless palm oil futures price is traded 3057 that will trigger a buy signal but STC indicator will only turn buy signal if 6pm close at above 3067 for palm oil futures.