The indicator Y short 2175 on FCPO is having a lower stop and reverse buy trade signal at 1130am and will probably have to do a stop and reverse buy trade in the morning trading session close at 1230pm today. Trading in the range between 1840 and 1860 in the first hour will probably give a very clear signal on the indicative price of stop and reverse trade at 1230pm..
The indicator Y short 1844 on FKLI short term technical trading is still finding its stop and reverse buy trade signal at high level 1850 and above at 1015am. As long as the index futures is traded below 1840, it will be hard to adjust its indicative price lower.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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