30/9/25 - Last Trading Day of The Month

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30/9/25 - Last Trading Day of The MonthCrude Palm Oil FuturesMYX:FCPO1!Tech_Trader88 Monday’s candlestick (Sept 29) was a small bear bar closing near its low with a long tail above. In our last report, we stated that traders would observe whether the bears could create strong follow-through selling testing near the Sept 23 low, or if the move would lack follow-through selling, followed by a reversal above the 20-day EMA instead. The market traded slightly lower and the follow-through selling is still limited. The bulls view the recent move (Sep 23) as a deeper two-legged pullback and want a reversal from a large double bottom bull flag (Aug 29 and Sep 23). They want the pullback to lack follow-through selling, as has been the case with all recent pullbacks (July 1 and August 4). So far, this appears to be the case. They want the move (Sep 23) to turn into a bear trap. They want a retest of the August high, even if it only forms a lower high. They must create follow-through buying above the 20-day EMA to increase the odds of the market trading higher. The bears got a deep pullback and a breakout below the tight trading range, but the move lacked sustained follow-through selling. They want the 20-day EMA to act as resistance, followed by at least a small second leg sideways to down leg to retest the Sept 23 low. So far, the second leg sideways to down is weak (Sep 29), and forming a higher low. They need to create strong follow-through selling to increase the odds of retesting the Sept 23 low. Production for Sept should be flat or down. Oct's production should be flat to down as well. Refineries' appetite to buy remains decent. Export: Sept: First 25 days +12% per ITS. The monthly candlestick will close after tomorrow's session. The bulls want the monthly candlestick to close with a bull body, while the bears want a bear body. Tomorrow will determine whether the monthly candlestick will close bullish, bearish or neutral. For tomorrow (Tuesday, Sept 30), traders will see if the bears can create strong follow-through selling testing near the Sept 23 low. Or will the move lack follow-through selling, followed by a reversal above the 20-day EMA instead?