Monday 23 April 2012

Daily Key Indicator Long 3500

After taking 311 ticks of profit, daily key indicator took a loss of 21 ticks and turned buying 3500 against its selling 3479 on Friday's close. It will remain long 3500 with its stop and reverse sell 3526 or lower that show the possibility of cut loss turn sell again if cpo futures is unable to close above 3526.
Daily dmi indicator will cut loss and turn long if cpo futures is traded 3532 today; otherwise, hold on the short 3496.
Daily stc indicator will cut loss and turn long if cpo futures is closed 3580 or higher at 6pm today; otherwise, hold on short 3559.