Monday 12 May 2014

The Long 2567 Is Remained

As the last traded price is getting higher, the cpo futures hourly key indicator is getting lower on its stop and reverse trade signal. It will only turn sell if cpo futures price is closed below 2570 at 6pm today without looking at the higher high or lower low.

It seems that the long will have to carry overnight to see whether there is a chance for bigger profit or not, and if the trend is followed, the long 2567 will be expecting to have a better profit in coming few days.