Friday 21 October 2011

DMI 2883 Long STC 2800 Sell

Daily DMI indicator and STC indicator gave a wide range of signal as shown in the above title. Daily STC indicator has been holding on long 2864 since 12nd October but DMI indicator hit with losses 3 days in a row.
DMI indicator turned sell 2823 yesterday and will turn buy again if palm oil futures is traded 2882 today which is just 2 ticks higher against the yesterday's high 2880.
STC indicator will hold on buy 2864 unless palm oil futures is closed 2800 or lower at 6pm today.