Without taking into consideration on any unforeseen circumstances like higher high lower low, the short term indicator Y on cpo futures will have its stop and reverse sell trade signal being triggered if the cpo futures price is last traded below 2278 at 1130am today.
The long 2312 may have to face a loss once the indicator Y hit sell signal since it was always below 2312 after turning long.
FKLI long 1801 is remained holding on and is finding "NO" stop and reverse sell trade signal yet.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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