Wall St moved higher on Thursday, pushing the Dow Jones industrial average into positive territory for the year, as commodity prices rose on the back of a weaker U.S. dollar to boost shares in the energy and materials sectors.
Hong Kong shares finished higher on Thursday after the Federal Reserve reduced the number of expected interest rate hikes this year, buoying global equities.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today March subscription.
Plan A : Above 20693, do nothing
Plan B : Below 20331, do nothing
Plan C : Attempt buying if market holds firm above 20431
Plan D : Cut below 20370
Plan E : Consider selling if market gap up but fails to break above 20630
Plan F : Cut above 20693
FKLI
FKLI consolidated whole of yesterday after a gap up opening. Market is expected to move higher today if it supports well above 1703. Firmer Ringgit against greenback could act as the catalyst for market to stay positive today. However, late buyers need to be cautious if market falls below 1703 unexpectedly.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today March subscription.
Plan A : Attempt buying if market stays firm above 1703
Plan B : Cut below 1698
Plan C : Execute selling if market breaks below 1703
Plan D : Cut above 1709
FCPO
FCPO has fantastic upside on Thursday, breaking the recent high to 2657 and ended at its optimum level. Dalian and overnight soybean oil traded tremendously positive while strong Ringgit hovers around RM4.02 to RM4.05 vs the U.S. Dollar.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today March subscription.
Plan A : Wait. Sell if market resisted around 2678 or 2704 depends where is the tip. Targets are 2664, 2647, 2632, 2625 and 2616.
Plan B : Buy if market retraced and supported above 2647. Targets are 2665, 2678 and 2704.
Plan C : Above 2678, no fresh position.
Plan D : Below 2647, no fresh position.
*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters 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.
0 comments:
Post a Comment