Tuesday, May 19, 2020

20 May 2020 BMD

We are expanding to global markets. 
 See next article for the trade plan.

LOCAL MARKET

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FKLI

FKLI traded firmly above 1420's for the whole session yesterday with the strong push in Dow and KLCI counters. Market is considered to be well-supported above the support levels and climbed steadily.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription. 
Plan A : Short if market breaks below 1415. Targets are 1411 and 1406. Cut above 1420.

Plan B : Continue to hold long if market stays firm above 1420. Targets are 1424.5, 1428 and 1432. Cut below 1416.



FCPO

FCPO experienced depression of prices till mid-afternoon after a magic touch to 2186 this morning. Dalian closed unchanged while soybean oil -0.05. Ringgit stays at RM4.35 against the greenback.

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

Plan A : Long if market supported firm above 2156. Targets are 2175 and 2198.
Plan B : Short if market failed to support above 2156. Targets are 2132 and 2110.




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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