We are expanding to global markets. See next article for the trade plan.
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FKLI
FKLI opened lower but had a pulled up at the final hour as affected by the recovery in regional markets and cash market. However, the overall big picture of the market trend is still showing a bearish signal, traders are advised to be cautious with the technical rebounds.
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Plan A : Continue to sell if market rebounds but does not breach above 1569
Plan B : Cut above 1574
Plan C : Consider buying if market rebounds from 1554
Plan D : Cut below 1549
FCPO
FCPO opened higher this morning and stabilize above 2200's till early afternoon session. Dalian and soybean oil are lying slightly towards positive net change while Ringgit stays at RM4.19 against the greenback.
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Plan A : Buy if market supported firm above 2208. Targets are 2221 and 2237.
Plan B : Sell only if market failed to support above 2198. Targets are 2185 and 2172.
Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, 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.
FKLI opened lower but had a pulled up at the final hour as affected by the recovery in regional markets and cash market. However, the overall big picture of the market trend is still showing a bearish signal, traders are advised to be cautious with the technical rebounds.
Plan A : Continue to sell if market rebounds but does not breach above 1569
Plan B : Cut above 1574
Plan C : Consider buying if market rebounds from 1554
Plan D : Cut below 1549
FCPO
FCPO opened higher this morning and stabilize above 2200's till early afternoon session. Dalian and soybean oil are lying slightly towards positive net change while Ringgit stays at RM4.19 against the greenback.
Plan A : Buy if market supported firm above 2208. Targets are 2221 and 2237.
Plan B : Sell only if market failed to support above 2198. Targets are 2185 and 2172.
Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, 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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