Reesting spike high opening soon?

Going into the close, the locals were 'shorting' the market resistance at 2975, some are now caught with the short covering in the last few seconds of trading.. you win some you lose some.

2960 to 2975 'box'...

Bounces off the 21 ema...

A trader's ego is the 'hidden enemy' from within. I was commenting to my fellow trader on the possibility that the FCPO market had 'capitulation' Friday lunchtime, with the stale longs liquidating contracts in the morning at 'whatever price'. The response was, "Really? But seems to be still downtrend, with heavy selling and bearish data..." Price action is king, the trader's opinion is rubbish.

H&S on the 5 min..

After the short liquidation by the sucker bulls, the weather market is back on? Pssst.. Let you in on the secret, it is not the actual weather eg drought that drives markets, but fear and greed by the silly speculators!

2 gaps on 30 min FCPO, not good risk reward to short on opening today...

FCPO gap filling...

KLCI turned out to be the taiko, as per my trader friend...

FCPO futures..... so much for the 'hot' weather...'decimate the corn crop" or is it a case of "it ain't over till the fat lady sings"...

Confirm the theory that klci is the leader?

Inverted H &S target 1650 reached...