EmoteK

FCPO1 (Palm Oil) - Mid Term Technical Analysis

做空
MYX:FCPO1!   Crude Palm Oil Futures
We expect a decrease in PALM and there are 3 reasons for this;

  • The first of these is that we believe that Shoulder-Head-Shoulder formation occurs in PALM.

  • The second reason is that the 70.10.10 Stochastic Indicator intersects from above.

  • The last reason is the large Negative Mismatch on RSI.

  • As a result, we expect the prices to decline to 2500 levels in the short/medium term.


However, if the prices rise again, the first levels we will follow will be 3980 and around.


It contains only personal views and opinions. Does not contain legal investment advice ...
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。