truly full of drama ...and saga of CPO throughout region.... just speculate and funny post, no detailed explanation and wildly guess #disclaimer_mode_on
Yesterday's CPO has dropped due to the drop on the sales result. Expect to rebound today. Current: Still under downtrend Expect to rebound and continue to drop Long - at market open, TP before 2550(wait for retrace if manage to TP), CL 2430 Short - if break blue trend line *This are my own trading plan, no intention to ask reader to buy/sell. Share with me...
Hi Guys, as usual, start the year with annual outlook on FKLI & FCPO. First try on video commenting, microphone volume was abit too low, just turn up your volume will do ;) Hope you like it! Happy Hunting & Happy 2019! -jk-
Weekly demand zone between 1863 - 1953 is being tested yet again. A small overshoot of wave 5 (circle) below 1940 is expected rather than a truncation with dashed line governing the extreme. Any strong movement below dashed line or 1900 price level will require a recount. #contengconteng #fcpo #crudepalmoil
Hi Guys, as usual, start the year with annual outlook on FKLI & FCPO. First try on video commenting, microphone volume was abit too low, just turn up your volume will do ;) Hope you like it! Happy Hunting & Happy 2019! -jk-
One the left chart, a upward channel was plotted in black. The channel develop since Jul and price did not move out from the 37 degree upward sloping lines since then. Market is waiting 1-15 Sep Spooma data & export data to release on tomorrow on Monday to further speculation on inventory changes. The current price movement is expect to be sideway to down follow...