The hourly indicator Y long 2163 had again faced a strong resistance from selling pressure especially the fundamental issues like MPOB higher end month stock news and lower crude oil prices.
If this is another losing trade, it will be the 8th losing trade in a row and the 2nd losing trade in December - Multiple Losing Trades! There is still no stop and reverse sell trade signal at 1130am and 1230pm today according to the hourly indicator Y trading guides.
We will post an update one hour in advance once we have a clear trade signal.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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