Strong downtrend, price has broken below several support levels.Crude Palm Oil FuturesMYX:FCPO1!hilmiyusThe price is well below the Kumo (cloud), which is a strong bearish signal. The Kijun-Sen (Base Line) is at 4,405 and the Tenkan-Sen (Conversion Line) is below it, suggesting bearish momentum. The Chikou Span (Lagging Span) is below the price from 26 periods ago, confirming the bearish trend. The downtrend line and a minor level around 4,240 (2.414 Fibonacci extension). A significant resistance level is marked near 4,452. A support level is marked at 4,163. Significant potential support zones: 4,097 - 4,117 (a cluster of Fibonacci extensions). 4,000 (a major psychological support level, marked as "Support - 4000"). The lowest identified support/resistance is at 3,953. Bollinger Bands (BB): The price is trading outside or near the lower band, indicating high volatility and potential oversold conditions, although in a strong trend, this can persist. Pattern: A small Flag pattern (bearish continuation pattern) was indicated around late October, which has now been broken to the downside, reinforcing the bearish move. The overall technical outlook is strongly bearish ("Status: Weak" according to the Ichimoku summary). The price action suggests a likely continuation towards the next major support level at 4,000 MYR.