Daily dmi trend indicator will take profit and turn long if cpo futures price is traded 3023 today against its short 3056 on 18 July.
Daily key indicator will cut loss and turn long if 6pm cpo futures price is at 3031 or higher. Otherwise, hold on the short 2994 initiated on 18 July too.
Daily stc trend indicator is now holding the long 3005 initiated since 2 days ago unless cpo futures price is closed 2940 at 6pm today.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
Wednesday, 1 August 2012
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