Tuesday 3 September 2013

FCPO Trading, Soybean Oil & Soybean Futures | Market Updates, Review and Commentary - 3rd Sept 2013

Morning Traders,

Here is your latest summary for 3rd Sept 2013 FCPO trading. You can read the full article at the ultimate Malaysian Online Trading Website's blog.

Here is the summary for today:

1) Grains gap up higher, but unable to maintain upper levels.
2) Soybean Oil has pulled back from the highs and this does not indicate strength.
3) My Short Tern Strategy remains long, and my Long Term Strategy is at NEUTRAL.

Read the major support and resistance levels in the full article at the main site's blog.

Best Wishes,
Tech Trader

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