Palm | Kelapa Sawit

Its look bearish to me. A long black candle violated the triangle zone has brought a new direction to the market. This is the end of the consolidation in FCPO as shown in the weekly chart. Market may continue to move lower in near term. Look for the 1st support at 3280-3290 followed by 3170-3150. For upside, resistance at 3590-3600.

Market tone: weak