The last seconds selling down before the 515pm close yesterday made the indicator Y short 1856.5 failed to do stop and reverse buy. However, it will be very having high chances that the short 1856.5 on FKLI will end at 1015am today.
The indicator Y short 1856.5 will take profit and turn long once the index futures is last traded 1797 or higher at 1015am in the morning trade session today. We will temporarily stop updating comments on FKLI using the short term technical trend indicator Y trading guides.
The indicator Y long 2145 on FCPO is still enjoying the fear and greed since the stop and reverse sell trade signal will have to be last traded 2172 or lower at 1130am in the morning trading session today which is 30 over ticks below the closing price.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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