U.S. stocks fluctuated before closing slightly higher on Wednesday as investors processed data on global manufacturing, U.S. auto sales and inflation for clues about the Federal Reserve's next interest rate hike.
Hong Kong's benchmark stock index dipped on Wednesday, snapping a five-session winning streak, amid lingering worries about China's economy.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for June subscription.
Plan B : Below 20394, do nothing
Plan C : Attempt selling if market stays below 20556
Plan D : Cut above 20619
Plan E : Consider buying if market trades firmly above 20619
Plan F : Cut below 20556
FKLI
Market was deemed weak yesterday despite managed to eke out some gains. FKLI however, is still seen to be in consolidation stage with some minor buying interest coming in despite weak RM. Investors are reminded to be cautious before entering any new position.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for June subscription.
Plan B : Cut above 1630
Plan C : Consider intraday buying if market gap down but holds firmly above 1615
Plan D : Cut below 1610
FCPO
FCPO tipped at high of 2634 but unsustainable and the sell pressure flushed into the market dampening the buy interest. Dalian and overnight soybean oil are quite strong while Ringgit further nailed down to RM4.17 against the greenback. Market is at sideway commotion where it could be tricky at times. Therefore, traders are recommended to be open-minded and flexible with the buy-sell call.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for June subscription.
Plan B : Sell if market rebounded and resisted around 2663. Targets are 2641, 2630 and 2619.
Plan C : Above 2663, no fresh position.
Plan D : Below 2626, 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.
Important updates on global stock market i learned here. I always believe in using proper stock tips at the time of trading. Join epic research for best services and updates.
ReplyDelete