Crude Palm Oil Futures
Long

Feb08: FCPO (1D) - Sideways-Up to 3.5-3.6k ๐Ÿ“ˆ๐Ÿฎ

369
CPO price consolidated past 1-2weeks, supported above UTL & major EMA, bulls took back control by end-Jan.
Staying >320x-2x support will see price attempt to regain 3500 & 3600 resistance levels.

Expect volatile sideways-up situation for coming 1,2weeks till market resume after CNY ๐Ÿงง๐Ÿฎ

๐Ÿ””Overhead Resistance: 344x-9x, 354x-8x

โ‡๏ธโ‡๏ธLongterm Outlook: R2 tested, R1 holding on test, attempting to break above. (check out post link below)
snapshot

Happy Hunting! ๐Ÿฅ‚๐Ÿš€
-jk-

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