Thursday, June 4, 2020

05 June 2020 BMD

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

LOCAL MARKET

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FKLI

FKLI was consider moving on a flat line yesterday after it had surged for a week consecutively. It was well supported along the support levels and climbed steadily.

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Plan A : Attempt to short only if market falls below 1547.5. Targets are 1544, 1541 and 1537. Cut above 1552.

Plan B : Attempt to long as long as market holds firm above 1552. Targets are 1555, 1559 and 1564. Cut below 1547.




FCPO

FCPO is having a wild run today after second session's open. The market has nearly moved 100 points from the high and low. Dalian ended +16 at 4912 while soybean oil +0.25. Ringgit stays at RM4.26 against the greenback. 

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

Afternoon Plan
Plan A : Short if market failed to support above 2366. Targets are 2342 and 2319.
Plan B : Long if market supported firm above 2366. Targets are 2385 and 2406.




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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