We are expanding to global markets. See next article for the trade plan.
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FKLI
FKLI was choppy yesterday on the last trading day of September where the market had some rapid surge and dip down within tight range. Today, we may continue to observe to see if the market is supported above supports or being resisted before the resistance levels.
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Plan A : Attempt buying if market stays firm above 1583.5
Plan B : Cut below 1578
Plan C : Consider selling if market surge but does not breach above 1590.5
Plan D : Cut above 1595
FCPO
FCPO surged first session after its firm footing around 2140's. Dalian is closed today and soybean oil is slightly positive. Ringgit stays weak at RM4.19 against the greenback.
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Afternoon Plan
Plan A : Buy if market retraced but supported firm above 2155. Targets are 2168 and 2186.
Plan B : Sell if market failed to support above 2170. Targets are 2158 and 2145.
Plan C : Buy if market doesn't retrace much and supported firm above 2170. Targets are 2183 and 2196.
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.
FKLI
FKLI was choppy yesterday on the last trading day of September where the market had some rapid surge and dip down within tight range. Today, we may continue to observe to see if the market is supported above supports or being resisted before the resistance levels.
Plan A : Attempt buying if market stays firm above 1583.5
Plan B : Cut below 1578
Plan C : Consider selling if market surge but does not breach above 1590.5
Plan D : Cut above 1595
FCPO
FCPO surged first session after its firm footing around 2140's. Dalian is closed today and soybean oil is slightly positive. Ringgit stays weak at RM4.19 against the greenback.
Afternoon Plan
Plan A : Buy if market retraced but supported firm above 2155. Targets are 2168 and 2186.
Plan B : Sell if market failed to support above 2170. Targets are 2158 and 2145.
Plan C : Buy if market doesn't retrace much and supported firm above 2170. Targets are 2183 and 2196.
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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