20 Nov 2023 BMD

  LOCAL MARKET

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FKLI

The FBM KLCI (-0.27%) took another step back, in line with the negative performances across regional markets.

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Plan A : Attempt short if the market stays below 1462. Targets are 1458 and 1454

Plan B : Consider long if the market stays a above 1462. Targets are 1466 and 1471.

FCPO

 

FCPO consolidates within the range of 3920. Dalian traded --56 at 7452 while soybean oil traded +0.34 at 51.55 for the day. Ringgit strengthen to 4.66 against the greenback.

 

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Plan A : Short if market fail to support above 3940. Targets are 3921 and 3888.

Plan B : Long only if market supported above 3940. Targets are 3969 and 3999.

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