10th June (Break Time)
TF15
If you holding short position on last Friday, you should have been in profit just now, unless u caught at bottom. The Box is the correction's price range. So, we will see which side it will break; either upper or lower.
If you look at TF60, it poises to go down. As i calculated wave in TF1, currently it should be in wave 4 of C. So, price expected to side way(side way in TF1 range, so not long time); it will depend on the opening in 2nd half too.
In term of momentum, it is in weak now, and AO is heading to 0, much worst if go down below 0.. Alligator seems to be in sleeping mode. Lets wait for it to be hungry.
REPORT released today.
* Palm Oil stocks improves 1.816m tonnes in May vs 1.914m tonnes in April
* May Palm Oil exports 1.411m tonnes vs 1.455m tonnes in April.