As long as the cpo futures price is closed above 2167 at 6pm today, the stop and reverse buy trade signal on FCPO short term technical trend indicator Y will be triggered, and therefore, the short 2163 will have to cut loss turn long at 6pm today. It will be the 4th losing trades!
The stop and reverse buy trade signal is being adjusted much lower as compared to the previous update at 2200. Will it turn buy at 6pm close for FCPO using the indicator Y?
How much is the accumulated losses for this month on FCPO short term technical trend trading?
FKLI will have its March contract expire tomorrow and we still find that the stop and reverse sell trade signal near 1800 level, and therefore, it is probably have to cash settled and/or rollover to next contract month April.