FCPO: Long or Short?Crude Palm Oil FuturesMYX_DLY:FCPO1!edramlanPrice is in range. It didn't breakthrough lower as expected last week. Instead it continues to be in range. For next week: Option 1: if price breakthrough 4500 and stay above it then there is likely we will see a bullish movement. Option 2: If price retraced towards 4475 and defend the level then we might see price to move lower. Based on previous price action, Option 2 is preferred. Happy trading. FCPO1!