Tweet this

Dealing Desk Hotline

(603)-2181 8848

Global Markets Analysis – 28 February 2017

A commentary written by Tony Tong

28.02.2017 周二 二月份最后一天交易 前期多单继续持有


大陆内盘油脂商品豆油棕榈油1705主力合约,2月中旬以前还呈强势整理状态,美盘最后的第5浪下跌拖累内盘,内盘追随性下挫(内盘3浪整理结构 少2浪),当前短线期价抵抗性整理,期价呈阴阳交错式波动,后市整理结束仍存上行动能。



• China and Malaysia edible oils move in sideway correction, with subdued trading as many traders stay on the sidelines.
• Edible oils may stage a rebound as soon as bullish technical indicators on US soybean oil emerge.
• We shall pay attention to the performance of the US soybean March contract.

• Traders may cautiously maintain their long positions.

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.

Subscribe to OPF Blog via Feed Reader or Email

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.


Share and Enjoy:
[] [Digg] [Facebook] [Google] [Mixx] [MySpace] [Twitter] [Windows Live] [Yahoo!] [Email]

Post a Comment

Displayed next to your comments.

Not displayed publicly

If you have a website, link ti it here


OPF reserves the right to delete comments that are snarky, offensive, or off-topic. If in doubt, read our Comments Policy.