As the stop and reverse sell signal is remained low at 2553, it is believed that the cpo futures hourly key indicator will hold on the long 2567 at the end of market close today and will have to carry overnight since the current higher high price is about 40 ticks away from the stop and reverse trade signal.
Readers traders in this crude palm oil futures blog are reminded that there may be no further updates or comments if the stop and reverse trade signal is believed far away from the current price.
Readers traders must understand that there is sudden big swing of cpo futures prices that hitting those stop and reverse trade signals that not being updated in this blog and therefore readers traders must take own risk in doing stop and reverse trade before the latest stop and reverse trade signal being given in this blog.