Friday 13 January 2012

STC 3205 DMI 3173 Corn Limit Down

Daily stc indicator will probably turn sell signal since the stop and reverse sell is 3205 or lower for 6pm today which is now RM3 higher than the yesterday's closing price of cpo futures.
Daily stc indicator will however turn sell signal only if cpo futures is traded 3173 today.
USDA report hit grain prices with corn limit down but here is a good article to share: