Wednesday 29 February 2012

STC Sell If 6pm Palm Oil 3274

Daily stc indicator will take profit and turn selling if crude palm oil futures is closed below 3275 at 6pm today. It had been holding long 3155 since 8th February.
Daily dmi and key indicator will only turn selling if cpo futures price is traded 3216 and closed below 3178 respectively today. Both technical indicators long 3128 and 3168 on 8th and 13rd February.