31/7/2019
*FCPO Oct 19*
Previous Close: 2061 -6
FCPO was nearly unchanged on Monday. Related edible oils are slightly weaker this morning, FCPO may test for selling 1st.
Hourly chart formed higher highs & lows, more to bullish, but be cautious of potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 2075 2115
Support: 2020 1990
*Recommend Trading Plan for the day:*
1. Buy 2076, stop 2068, profit 2084/2092/2100
2. Sell 2051 for technical correction, stop 2059, profit 2043/2035/2027
*FCPO Margin Requirement*
Overnight MYR 3000
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