FCPO Friday evening session going south to 4455, as President Trump claims Iran war settled, https://t.co/ZIrj5fDL1A . Crude Oil also down more than -3%. If the bearish continue, it will retest the support of 4417, 4370.
My last week support sketch already happened, 4483 - 4500. Not break 4451 Support.
With the move by the authority of Indonesia for limitation of CPO export, my view now is the price will retest bullish into 4715, 4753, 4800.
Allah knows best...
China Warns EU Over Possible Sanctions on Third-Country Companies
The EU really needs to understand one thing:
China is not a small country waiting to be disciplined by Brussels.
You want to sanction Chinese companies, Turkish companies, Indian companies, and whoever else refuses to obey your anti-Russia script?
Fine.
But do not act shocked when China responds.
Unilateral sanctions without international law or UN authorization are not “rules.”
They are power politics dressed up as morality.
And the problem for Europe is simple:
China is not defenseless.
China has the industrial capacity, market size, supply chains, and countermeasures to make sanctions hurt both ways.
Europe keeps acting as if it still commands the world economy.
It does not.
If Brussels wants to turn sanctions into a habit, China can turn countermeasures into one too.
Do not pick a fight with the factory of the world and then cry when the factory checks your supply chain.
BREAKING material that arrived now to my hands! Corrupt former Malaysian PM Najib Razak’s wife funds a 13M$ mansion purchase for her son-in-law. A few weeks ago, the mansion is transferred to an associate of the royal family, while a pardon request is on their table for the jailed PM. Are the corrupt conducts of Najib continuing from jail?
@yeobeeyin@zunarkartunis@jameschin110@thomasfann@malaysianbar@malaysiakini@fmtoday@staronline@bersihofficial
FIBONACCI RETRACEMENT is one of the important elements in charting.
TradingView provides a free built-in FIBO Indi, which is 'Pivot Points Standard'.
The settings are as shown in the attached image.
@NsawitFCPO Current situation in RBD Palm Olein (Dalian Commodity Exchange) is still bullish. Maybe because of Indonesia tighten control into single entity to sell the commodity & implementation of B50.