FCPO Updates

Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 29/5/2019 -Move within previous range, but slightly bullish as supported by CPO data

InvestorsDoctor
Publish date: Wed, 29 May 2019, 09:42 AM
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/


29/5/2019
 
*FCPO Aug 19*
 
Previous Close: 2066 +41
 
FCPO rose 2% yesterday as tracking gains in related edible oils. Related edible oils continue rebound this morning, FCPO may gap up and test resistance.
 
Hourly chart showed FCPO testing rebound in range 1960-2115, wait for more breakout.
 
*Classic Support & Resistance* 
Resistance:  2115 2179
Support:   2020 1960
 
 *Recommend Trading Plan for the day:* 
1. Buy 2070, stop 2062, profit 2078/2086/2094
 
 *FCPO Margin Requirement* 
Overnight  MYR 4000
 
Join us to discuss & trade together FKLI, FCPO, WTI Crude Oil, Comex Gold, Mini Dow Jones etc Futures markets !!!
 
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!
 
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Join our FREE channels to find out more on futures trading !!!
 
Telegram link: 
https://t.me/investorsdoctoracademy
 
Facebook link:
https://www.facebook.com/investorsdoctoracademy
 
Or reach out to our contact number IDA Investors Doctor Academy
+601153537589
More articles on FCPO Updates
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment