Quiet AM but crazy PM. Prices shot up almost RM30 probably on tech buying after a cross above 50 again in the PM. Steady for 2 hours near 60-70 at the high b4 late selling pull it back almost RM30 and hit new intra low.
Selling was probably based on premium valuation with SO, which was at the low end of $70 per tonne , the "premium-est" in more than a year and a significant drop in CO in late Asian hours.
Whiel still at the mid range and failing to improve furtehr today, technically still +ve, if > 2520. A cross above 2560, again, is considered bullish.
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