7 October 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/

If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.

 Click here to contact us : https://goo.gl/B6Dccf 

FKLI

FKLI slumped in yesterday's afternoon session after a strong opening in the morning. Persistent profit taking activities were seen, causing market to break several intraday supports. Market is expected to open lower today and possibly break below its daily support of 1502. Buyers are advised to be vigilant and be careful if FKLI stays below 1502-level throughout today.

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

Plan A : Consider long only if market doesn't retrace much and supported firm above 1497. Targets are 1506, 1510 and 1514. Cut below 1493.

Plan B : Short if market rebounded and resisted around 1507. Targets are 1497 and 1493. Cut above 1511.

FCPO

FCPO sky-rocketed to 2892 the second session following stronger soybean oil over the lunch. Soybean oil traded +0.17 at 33.26 while Ringgit stays at RM4.15 agianst the greenback.

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

Afternoon Plan

Plan A : Short if market failed to support above 2878. Targets are 2859 and 2838.

Plan B : Long only if market retraced but supported firm above 2832. Targets are 2855 and 2872.

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 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.