After the stop and reverse buy signal 2317 on the last Friday 6pm as stated in the previous technical view and comments, short term technical trend indicator A is holding on its long 2317 until today that has helped reducing some losses accumulated through the multiple losing trades since early of this month. It will remain buy signal for next few 60-minute trading sessions ended this Friday 6pm with stop and reverse sell signals in a range between 2338 and 2352. There is a possible change on the stop and reverse sell signals but will not be updated on time for public viewing.
MPOB has released it official supply and demand figures for the September month lower against the estimate survey by Bloomberg but higher still against MPOB's August figures. Production 1.912 mil (Bloomberg 2 mil), End Stock 1.784 mil (Bloomberg 1.89 mil) and Export 1.605 mil (Bloomberg 1.55 mil).
To compare MPOB last month figures, please go to 101indicators Blog's DATA page.