Thursday 19 April 2012

Daily Key Indicator Short 3479

Daily key indicator took 311 ticks of profit and turned short 3479 at 6pm yesterday against its long 3168 on 13rd February. It will cut loss and turn buying if cpo futures is closed above 3480 at 6pm today which is just 1 tick above the closing price of yesterday.
Daily stc and dmi indicator will remain short today since their stop and reverse buy signal is still at high level.