Thursday, 18 December 2014

Indicator Y Short 2141 - Last 9 Trading Days

(Repeated Again... knowing that not much profit (but not losses!) can be recorded in the last 9 trading days in the year 2014 spreadsheet, readers traders should bear in mind that the hourly indicator Y's write-up may not be as frequent as before. This had been kept mentioning in our last few posts and focus will be more on the preparation of the year 2015.)

The hourly indicator Y short 2141 only saw cpo futures price reached 2103 low so far on yesterday and traded high 2146 just now.

The stop and reverse buy trade signal is still not available in this write up yet and therefore it is believed that the short 2141 will probably hold on for today again. We will post a new write-up once there is a chance of seeing clear signal based on the hourly indicator Y trading guides.