Monday, February 1, 2021

2 February 2021 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    

Market plunged last Friday before going into a long weekend holiday. Once again, Malaysia market could be spared by U.S. markets bloodbath on Friday as U.S. markets recovered yesterday. FKLI is expected to open gap up today especially the hype of squeezing short sellers for TopGlove counters has built up over the long weekend. 

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


Plan A : Remain short as long as market stays trading below 1588. Targets are 1570 and 1564.

Plan B : Consider long only if market able to trade firmly above 1569 and rebound. Targets are 1577 and 1588.



FCPO   

FCPO opened lower this morning repaying some of the gain from last week. Dalian closed -100 at 6670 while soybean oil traded +0.15 at 45.12. Ringgit stays at RM4.04 against the greenback.

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


Plan A : Long if market retraced but supported firm above 3427. Targets are 3448 and 3469.

Plan B : Short only if market failed to support above 3427. Targets are 3405 and 3382.



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.


No comments:

Post a Comment

29 April 2024 Foreign

                WTI Crude, Gold, HSI, Dow,  S&P 500 and Nasdaq If you like what we are doing, kindly like and share our page on FB. Foll...