The indicator Y on FKLI FCPO short term technical trend trading will not have the stop and reverse trade signals available at the closing today since both futures market is riding correctly on the trend.
The indicator Y long 1850.5 on FKLI will have more pressure if the index futures is closed low today, judging on the stop and reverse sell trade signal may have to be adjusted much higher tomorrow after seeing high 1871.0 today. We will post a new indicative price one hour in advance tomorrow if the stop and reverse sell trade signal is adjusted above 1850.
The indicator Y short 2158 on FCPO reached a low 2112 just now and made the short position more comfortable and greed has over-powered fear at the moment!
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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