FCPO TF10, 9/5/2013
As time is concern, price should get into action tomorrow, either fall below 2x1 and move in that range (2x1 and 3x1) or, price will start to rebound from 2x1.. From top of 2294 (1x1) it started to drag until reached 2x1.. Price must decide either want to rebound or falling..
As Alligator shows, it is still in sleeping mode, however, price closed above mouth and above 8x1 (downtrend gann) today..
As for Soya at the moment, price is in rebound position after a slump yesterday and staying above mouth now.. hope it will sustain and break high with momentum AO to cross 0 soon.. So, hopefully and expecting CPO to go above rather than falling.. However anything is possible.. prepare for both (short or long) possibility.. Because i think it is at junction now..
Only that indicator W%mR and Stochastic at overbought area.. so, it is either going to be high momentum or otherwise...
Sorry, chart is messy and alots of non-sense..