FKLI
U.S. stocks slipped on Tuesday, dragged down by energy and materials shares as economic data disappointed, and major indexes posted losses for the month. Market faced last minute sell down but still managed to close above 1840
Plan A : Attempt buying if market stays firm above 1840
Plan B : Cut below 1837
Plan C : Consider intraday sell if market fails to break above 1852
Plan D : Cut above 1855
FCPO
FCPO traded within tight range yesterday. However today it might experience some turbulence during the opening hour as overnight soybean is trading down with net change of 52 cents. Ringgit is further weaken to RM3.28 against USD which might help to limit the downside of the market.
Plan A : Overnight buyer hold on to position. Support is looking at 2173. Target is 2248 and 2323.
Plan B : Intraday investor may buy if market could support above 2180. Target is 2248.
Plan C : Seller may stay out.
Plan D : Above 2250, do nothing.
Plan E : Below 2170, do nothing.
*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 with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment
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