How low did cpo futures price reach after turning sell 2158? it reached 2070 low. What will be the price when it turns buy signal? The indicator Y short 2158 on FCPO will have to do a stop and reverse buy trade once the cpo futures price is last traded 2143 or higher at 4pm later today.
So, It is basically more than 50 ticks off the low 2070! can you take it!?
The indicator Y short 1856.5 that did rollover to new contract month is kept holding on short while finding its stop and reverse buy trade signal remain at very high level at the moment.
Go to the Beta page in finding the performance of the short term technical trend indicator Y that purely follows the stop and reverse trade signals. FCPO continued its journey of low return while FKLI did superb trades for the past four months of year 2015.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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