16 August 2021 BMD

                                 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    

FKLI ended marginally higher on Friday as plantation stocks lifted. However, with rumours of our PM resigning today, market is expected to have a lower opening and investors might stay sideline for the time being.

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

Plan A : Remain sell as long as market stays below 1501.5. Targets are 1493.5 and 1489.5.

Plan B : Consider long only if market able to hold firmly above 1493 and rebound. Targets are 1496.5 and 1501.

FCPO  

FCPO swung up and down today on the first day of switch month. Dalian closed -80 at 8880 while soybean oil traded -0.11 at 63.17. Ringgit stays at RM4.24 against the greenback.

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

Plan A : Long if market supported firm above 4460. Targets are 4482 and 4509.

Plan B : Short if market supported firm above 4460. Targets are 4435 and 4416.

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.