edramlan

FCPO Week 11 2024 - Retracement expected?

MYX_DLY:FCPO1!   Crude Palm Oil Futures
The price is still bullish however some retracement is expected before a run higher. Expecting that this week it will make retracement towards 3995 area. Depending on the price action, another bullish push towards 4208 area before a quick run towards 4250 area (which might not happen so quickly).
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