Hi all,
as I wrote this, The Market has plunged about 100pts from last Friday closing (2496 - Jan Contract)
At the moment, no sign of BUY yet. I'll be very careful to take any SELL signal, since I see in the Buletin Utama the bad weather has coming and floods all over the plantation states. Flood means no output from the estate. No fresh fruits means no supply to refinery. How can we meet demand when we cannot supply?
So, just be careful when taking any buy position. I don't think we will see 2200 region again this year. Just be Careful. I might be right, I might be wrong. Trade your own plan. and SL in place. Peace.
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