Thursday, July 25, 2019

26 July 2019 BMD

We are expanding to global markets. See next article for the trade plan.

LOCAL MARKET

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FKLI

FKLI gradually inching up yesterday and had a firm close at 1655.5 as followed with the recovery in KLCI. It will show a firmer signal to the buyers if the market sustain above 1656 today.

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Plan A : Continue to sell if market fails to break above 1659
Plan B : Cut above 1664
Plan C : Consider buying if market rebounds from 1651
Plan D : Cut below 1646



FCPO

FCPO stayed within the range of 2040's to 2050's for the first session today. Dalian and soybean oil are mixed while Ringgit stays at RM4.11 against the greenback.  

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.

Plan A : Buy if market retraced but supported well above 2028. Targets are 2037, 2048 and 2058.
Plan B : Sell if market failed to support above 2045. Targets are 2036 and 2028.
Plan C : Buy only if market stabilize firm above 2045. Targets are 2058 and 2075.
   



Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Market Watch and CNBC. 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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