Wednesday, July 8, 2020

09 July 2020 BMD

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

LOCAL MARKET

Our trade results are posted in our FB page. Click link below to access:-
https://www.facebook.com/Futurescoin-1564520737153902/

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FKLI

FKLI wiped the previous losses by gaining slow recovery in the market with the contribution from the KLCI and regional markets. The market now is struggling between the buying and selling pressures, whereby the direction is still unclear of where it will head to.

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

Plan A : Short if the market does not breach above 1592.5. Targets are 1588, 1584 and 1580. Cut above 1596.

Plan B : Long if market rebounds from 1582. Targets are 1585, 1588 and 1592. Cut below 1579.



FCPO

FCPO stabilized above 2400-mark today after a few rounds of failed attempts over the week. Dalian ended +40 at 5086 while soybean oil +0.02. 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 July subscription.

Afternoon Plan
Plan A : Short if market failed to support above 2414. Targets are 2400 and 2384.

Plan B :
Long if market doesn't retrace much and supported firm 2414. Targets are 2429 and 2445.



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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