18/9/2019
*FCPO Dec 19*
Previous Close: 2285 +64
FCPO jumped more than 60pts yesterday as tracking strength in related edible oils. Dalian palm olein drop more than 1% this morning, FCPO may test for technical correction 1st.
Hourly chart move in range 2180-2330, wait for more breakout.
*Classic Support & Resistance*
Resistance: 2330 2400
Support: 2230 2180
*Recommend Trading Plan for the day:*
1. Sell 2278, stop 2286, profit 2270/2262/2254
2. Buy 2298, stop 2290, profit 2306/2314/2322
*FCPO Margin Requirement*
Overnight MYR 3000
Disclaimer: For idea sharing only, trade at your own risk
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