![](/files/my/blog/img/bl3939_cpo131119.png)
13/11/2019
FCPO Jan 20
Previous Close: 2604 -23
FCPO showed some profit taking yesterday but still able to hold above 2600 level.
Hourly chart formed higher highs & lows, more to bullish, but be cautious of potential RSI bearish divergence.
Classic Support & Resistance
Resistance: 2650 2750
Support: 2500 2440
Recommend Trading Plan for the day:
1. Sell 2593, stop 2601, profit 2585/2577/2569
FCPO Margin Requirement
Overnight MYR 3000
Disclaimer: For idea sharing only, trade at your own risk
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