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Global Markets Analysis – 23 November 2016

A commentary written by Tony Tong

23.11.2016 周三 美国大豆出口旺盛 -中国贸易商进货积极




马盘毛棕榈油基准2月,在本周一跳空高开上涨之后,今天周三再度跳空高开上行, 震荡走高态势良好,继续短多思维对待。


• We maintain our short-term long position view, as China and Malaysia edible oils continue the short-term upward reversal.

• Traders may maintain short-term long position.

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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