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Global Markets Analysis – 14 December 2016

A commentary written by Tony Tong

14.12.2016 周三 油脂类商品短线走势无新意;继续整理观点对待


内盘油脂类商品豆油与棕榈油1705主力合约,在多头主力的顽强抵抗护盘情况下, 内盘油脂呈现出横盘震荡式整理,短线走势上无新意,我们继续保持强势整理观点不变。



• Short term price correction condition remained in edible oil markets while previous uptrend correction views could remained.

• Traders with higher risk appetite could maintain previous short position, take opportunity to close position and enter short position again when market rebound. (Following strategies applicable only for trader with sharp market direction sense, fast execution and strong in technical analysts capability trader)
• Traders with lower risk appetite could remain on the sidelines and continue to monitor the market movement.

This post is contributed by OPF Guest Blogger, Tony Tong.

Tong used to be a capital market service rep licensed by China Futures Association. He became a professional independent trader later on. He has more than 10 years of personal experience trading in commodity futures market and is adept at cross-market analysis to identify trading opportunities. He uses fundamental analysis to filter out the best investment products and technical analysis to determine entry and exit points and consider his trading style as moderately conservative while at the same, is also very good at medium-term position trading based on technical charts.

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DISCLAIMER: This post is written for general information only. The author, publisher and/or any third party involved in the distribution of this work assume no legal responsibilities and shall have no liability whatsoever for any direct or consequential losses, costs or expenses arising from the use of the information contained herein.


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