![](/files/my/blog/img/bl3939_cpo240519.png)
24/5/2019
*FCPO Aug 19*
Previous Close: 2016 -41
FCPO fell more than 2% yesterday as tracking weakness in related edible oils. Related edible oils are slightly higher this morning, FCPO may test some rebound 1st.
Hourly chart unable to sustain above middle line of BB, may retest previous low around 1940.
*Classic Support & Resistance*
Resistance: 2040 2115
Support: 1960 1940
*Recommend Trading Plan for the day:*
1. Sell 2011, stop 2019, profit 2003/1995/1987
*FCPO Margin Requirement*
Overnight MYR 4000
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