FCPO Updates

Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 9/7/2019 - Sideway to lower, close below 1930 to trigger more downside

InvestorsDoctor
Publish date: Tue, 09 Jul 2019, 10:18 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/


9/7/2019
 
FCPO Sep 19
 
Previous Close: 1945 -15
 
FCPO closed lower yesterday as tracking weakness in related edible oils. Dalian palm olein & US soyoil are mostly unchanged today, FCPO may continue to move in range.
 
Hourly chart showed FCPO in a sideway to lower trend, below 1930 to trigger more sell signal.
 
Classic Support & Resistance 
Resistance:  1987 2012
Support:   1900 1880
 
 Recommend Trading Plan for the day: 
1. Trade in range 1930-1970
 
 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