Dow ended little changed as there is a mixed of economic data that confuses the sight of the investors.
Though Asian equities rebounded yesterday but caution is likely to prevail ahead of Friday's U.S. job report.
Plan A : Overnight seller could remain to hold on to position unless market form a support and rebound to 21363. Investor might consider to exit
Plan B : Buyer may want to be cautious entering to a position as market is still on its way down. If market is supported at 21200's level today, investor could try some buy around 21300's level. Potential looking at 21511. Risk of 150 points from support is recommended
Plan C : Above 21500, do nothing
Plan D : Below 21200, do nothing
Plan E : Buyer do not hold position if market breaks 21143
Though Asian equities rebounded yesterday but caution is likely to prevail ahead of Friday's U.S. job report.
Plan A : Overnight seller could remain to hold on to position unless market form a support and rebound to 21363. Investor might consider to exit
Plan B : Buyer may want to be cautious entering to a position as market is still on its way down. If market is supported at 21200's level today, investor could try some buy around 21300's level. Potential looking at 21511. Risk of 150 points from support is recommended
Plan C : Above 21500, do nothing
Plan D : Below 21200, do nothing
Plan E : Buyer do not hold position if market breaks 21143
FKLI
Malaysian market has been quite firm holding on 1770's level, however, it's still at selling zone trying to break through. Therefore, buyer need to be cautious with the position.
Plan A : Sell at 1788 to 1786 if market could not break 1790.
Plan B : Buy around 1771 to 1774
Plan C : Cut below 1765 for buyer
Plan D : Cut above 1790 for seller
Plan E : Above 1800, do nothing
Plan F : Below 1760, do nothing
FCPO
FCPO market might experience some turbulence today as soybean oil was up overnight. Market was running on tight range yesterday and overall view has not shown any concrete evidence of a trend yet. Therefore, awaiting a break out for a trend.
Plan A : Above 2580, do nothing
Plan B : Below 2510, do nothing
Plan C : Intraday investor could trade within consolidation range of 2567 to 2525
Plan D : Cut above 2577 for seller
Plan E : Cut below 2519 for buyer
FCPO market might experience some turbulence today as soybean oil was up overnight. Market was running on tight range yesterday and overall view has not shown any concrete evidence of a trend yet. Therefore, awaiting a break out for a trend.
Plan A : Above 2580, do nothing
Plan B : Below 2510, do nothing
Plan C : Intraday investor could trade within consolidation range of 2567 to 2525
Plan D : Cut above 2577 for seller
Plan E : Cut below 2519 for buyer
*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult wi.th its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
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