CPO futures hourly stc indicator hit another loss of 31 ticks and turned buy 3065 at 6pm yesterday's close. The accumulated loss for September month at 69 ticks now.
The hourly indicator will cut loss and turn sell again if palm oil futures price is traded at the low 2989 at 1130am today.
Eye on first 15 days of palm oil export from Intertek and SGS.