02 November 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 tumbled to an intraday low 1523.5 on Monday, dragged down by knee-jerk selling pressure following the proposed prosperity tax and higher stamp duty rate in the tabled of the Budget 2022.

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

Plan A : Remain sell as long as market stays below 1549. Targets are 1530 and 1522.

Plan B : Consider long if market supports firmly above 1530 and rebounds. Targets are 1542 and 1549.

FCPO

FCPO tumbled after opening to 4849 the first session. The market rebounded in the afternoon, bringing the prices back up above 4900-mark. Dalian closed -28 at 9686 while soybean oil traded -0.24 at 61.73. Ringgit stays at RM4.14 against the greenback.

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

Afternoon Plan

Plan A : Short if market failed to support above 4920. Targets are 4899 and 4875.

Plan B : Long if market supported firm above 4920. Targets are 4941 and 4966.

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, mining.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.