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Weekly CPO Forecast – 28 Oct – 1 Nov

 
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hc
Senior Member


Joined: 24 Oct 2007
Posts: 364
Location: KL, M'sia
PostPosted: Sun Oct 27, 2013 7:46 pm    Post subject: Weekly CPO Forecast – 28 Oct – 1 Nov Reply with quote
Dear Traders & Investors,

Good day everyone !

Crude Palm Oil Futures (FCPO) on Bursa Derivatives ended lower on last Friday and met profit taking. The January 2013 contract closed at 2443. This week, we foresee the market might likely do a downwards correction with the ultimate support at 2410 region and the up move resist at 2490 region.

Have a good week ahead ! Laughing
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HC
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