Daily stc indicator short 3082 had generated 113 ringgit of profit range at low 2969 today and will continue holding on the short 3082 with tomorrow's stop and reverse buy signal at 3133 or higher based on the low 2969.
Daily dmi indicator short 3056 had also seen its adx line is moving from range trading zone to trend trading zone and will remain the short as long as cpo futures price is not traded 3097 tomorrow which is the stop and reverse buy signal.
Daily key indicator short 2994 had been struggling for the past few days and had finally shown a small profit at 6pm close today. It will cut loss and turn buy if cpo futures price is closed above 3076 at 6pm tomorrow.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
Monday, 23 July 2012
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