Daily stc indicator is however holding on the long 3069 now and its stop and reverse sell signal will also hard to reach for today.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
Wednesday, 30 May 2012
STC Long 3069 DMI Short 3480
The daily dmi indicator is holding on the short with good profit even though the cpo futures did go to below 3000. Its stop and reverse buy signal is kept adjusting lower everyday which is believed to be go below 3200 soon. Its buy signal is still above 3200 today which will be hard to reach.
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