A very bullish momentum seen in yesterday price action.
Bullish on fcpo price and palm oil counter.
Entry point near to support.
Nice setup after a retracement with low vol.
Visa has triggered a buy signal yesterday with the respective target and sl being shown in the chart
S&P 500 has triggered a Buy Signal with the respective target and SL being attached in the chart.
Amzn just broke out from the support line last Friday which i forsee there will be more selling pressure on the coming days. Analysis of the chart is as per attached chart for reference.
Retracement to 172.52 will be a good entry point after the breakout.
Expecting some consolidation around the circled area and once a buy confirmation is formed after the retracement it will be a good entry point.
Any retracement at this moment will be a good buy heading to 78.6 Fib. Currently we are going through Wave 3 of this uptrend.
