Crude Palm Kernel Oil Futures forum

3 days ago

As it's close to fill up the long pending weekly gape at around 5450, to me looks like high chances to touch above level before big correction.

Nov 5

I think CPO price will be going for corrections within few days..if correction start, 1st price level for 4200 - 4300 Ringgit. If break it will be 4000 Ringgit. But for long time CPO will be positive.

Oct 23

FCPO1
Beyond that, what does the market look like, should purchasing be done or not?

Oct 22

My analysis went wrong without any technical reason. I am still damn sure that big correction is expected in next few days. It should touch at least 4000 before any rally. Highly manipulated price.

Oct 10

breakout diamond bottom.. will temp go above 4.3k.. before big correction below 4k
Idea:Diamond bottom

Oct 8

It will come down to 4000 levels for sure by mid this month.

Oct 7

Crude oil, Sunflower, Soybeans, Soybean oil & Palm oil have good bullish positions. Not for short, every oil item going higher for long. For now Soyoil looks $48-$50 level. Palm oil looks for 4500 ringgit & gradually higher..