OSK - Technical Analyzer_FKLI FCPO_20140113_RHB Retail Research

MBB-

A minor rally in soybean oil could not contain the bear raid.
Technically, the market may be a little overdone, but with the present bearish fundamentals taking charge, any intraday rally may be short-lived with the potential of more long liquidations.

The current main support is pegged at RM 2,480 and resistance is pegged at RM 2,545.
Market view: Short term sideways.

FCPO Daily Commentary - FCPO130114

 

Petunjuk Pasaran Luar  10.30 pg

Open Last Beza Peratus
Dalian Soybeans
Dalian Soybean Oil  2590  -122  %
Dalian Palm Oil
CBOT Soybean Oil  38.23  38.23  -0.09  %

CHARTS

TF60M

TF5M

Catatan

 

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