Palm | Kelapa Sawit

The market on yesterday's performance has shown that the market has finally gone down after weeks of moving up. Will this be just a temporary measure? Or just another correction before the market keep moving north again?

On last Monday's forecast, the market did not open within any forecasts that I have put forward.

Today

The forecast for today ;

1) If the market opens between 2590 to 2600. Sell after the market has retraced passing down the levels between 2580 to 2585.
2) If the market opens between 2621 to 2633. Buy after the market has moved up passing the levels between 2638 to 2643.
3) If the market opens between 2638 to 2650. Buy after the market has dropped down a bit and then moves up 5 points above the opening level.
4) If the market opens between 2601 to 2620. Sell after the market has gone up between 7 to 15 points above the opening level.
5) If the market opens between 2572 to 2585. Sell after the market has gone up a bit and then falls 5 points below the opening level.
6) If the market opens other than the above, it is just your call.
7) Also refer to my posting dated 11th January, see #6

If you are not sure, just.....whatever.

Have a nice trading day...guys.

9.04am