Tuesday, 20 September 2011

Palm Oil Futures Turned Buy 3061 At 1230pm

CPO Futures hourly stc indicator accumulated 119 ticks of losses since early September and turned buy signal at 1230pm again, at 3061.
The hourly indicator will remain buy signal unless palm oil futures price is traded below 3045 at 4pm later today.
Eye on SGS palm oil export figures in the afternoon.

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