Sunday, April 26, 2020

27 April 2020 BMD

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

LOCAL MARKET

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FKLI

FKLI consolidated for most of the day last Friday as buyers and sellers battling out among themselves. Some buying supports were seen as market refuse to go further down south despite negative performance from the regional markets. Market is expected to open firmer today after Friday's Dow gained 260-points.


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Plan A : Short if market stays below 1378. Targets are 1374, 1370.5 and 1367.
Plan B : Cut above 1381.
Plan C : Long if market supported firmly above 1369. Targets are 1377 and 1381.
Plan D : Cut below 1364.




FCPO

FCPO plummeted first session, visited the present low at 2012, struggling to climb back north. Dalian closed -92 ended 4324 while soybean oil -0.14. Ringgit stays at RM4.35 against the greenback.

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

Plan A : Long if market supported firm above 2036. Targets are 2059 and 2075.
Plan B : Short if market rebounded but failed to support above 2036. Targets are 2012 and 1985.

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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