FCPO Updates
Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 29/10/2018 - Bearish US soyoil likely to limit gains of FCPO
InvestorsDoctor
Publish date: Mon, 29 Oct 2018, 09:46 AM
InvestorsDoctor
0 1,969
To get more timely information on local and foreign futures markets, join us on telegram and Facebook.
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
29/10/2018
*FCPO Jan 19*
Previous Close: 2148 -28
FCPO continuously decline for 4 days, shadowing weakness in crude oil & related edible oils. Dalian palm olein not much changes this morning but US soyoil fell to near 28, may limit upside of FCPO.
Hourly chart showed a sideway to lower trend, close below 2137 to trigger further sell signal.
*Classic Support & Resistance*
Resistance: 2186 2248
Support: 2088 2046
*Recommend Trading Plan for the day:*
1. Sell 2144, stop 2151, profit 2137/2130/2123/2116.
*FCPO Margin Requirement*
Overnight MYR 4500
Spread MYR 1200
Disclaimer: Idea sharing only, trade at your own risk.
Join our channels to find out more!
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link: https://m.facebook.com/investorsdoctoracademy
More articles on FCPO Updates
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Apps
Top Articles
1
https://dividendguy67.blogspot.com
3
4
Good Articles to Share
Could Kamala Harris beat Donald Trump in November's presidential race?
5
Good Articles to Share
Iranian warship capsizes during repairs in port of Bandar Abbas
6
Good Articles to Share
7
Good Articles to Share
Jonathan Turley unveils exciting new book 'Free Speech in the Age of Rage'
8
Good Articles to Share
Why Impossible Foods signed hot dog-eating legend Joey Chestnut #yahoofinance #youtubeshorts
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
