Just 5 index points from the 4pm last traded price 1800 or higher, the indicator Y short 1856.5 will have to take profit and turn long if the index futures is closed 1805.0 or higher 515pm today, in about one hour time from now.
We will temporarily stop making comments on the short term technical trend indicator Y on FKLI once the stop and reverse buy trade signal is triggered.
Eye on the indicator Y long 2145 on FCPO 6pm stop and reverse trade signal that we will publish at after 5pm data collection if the cpo futures price is last traded below today's low. We believe that the indicative price will be very clear once we have the price below 2192 high.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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