7/8/2019
*FCPO Oct 19*
Previous Close: 2102 +9
FCPO settled above 2100 level yesterday as tracking strength in related edible oils.
Hourly chart remained in rebound stage but RSI in overbought, be cautious of potential technical correction in short term.
*Classic Support & Resistance*
Resistance: 2180 2235
Support: 2050 1960
*Recommend Trading Plan for the day:*
1. Buy 2109, stop 2101, profit 2117/2125/2133
2. Look for close downside gap signal below 2078
*FCPO Margin Requirement*
Overnight MYR 3000
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