Malaysia CPO Crude Palm Oil Market Trend … temporary SHORT.
According to news’ reports, CPO (Crude Palm Oil) has experienced two consecutive quarters of strong growth; therefore, the output is expected to enter the intermission phase for this month.
Not only this, the fall in world oil price has also become a major obstacle for CPO to rebound.
What do you foresee in the upcoming trend for CPO?
The graph above shows the future price trend for CPO.
From “Spicy Chilli” indicator, the full red dots represent the signal to go for long while the hollow red dots represent the signal to go for short.
This indicator can help investors to respond and act in tandem with market changes.
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