FKLI

Market went for a tight range consolidation yesterday with some minor downward bias mode. Weak Ringgit trading at 3.877 against USD today. Any rebound from the FKLI would be expected to be mild today as investors are turning cautious ahead of more uncertainties.

Plan A : Attempt selling as long as market stays below 1714

Plan B : Cut above 1719

Plan C : No buying to be attempted for the time being

Plan D : Next support seen at 1702

FCPO

FCPO had wider intraday range lately since start of the August month, this might be a piece of good news to the intraday trader. Tuesday market plunged the new low at 2026 and it swiftly rebounded to high of 2072 during the second session. Dalian and soybean oil are slightly up while Ringgit drastically weakened to RM3.88 against the US Dollar.

Plan A : Intraday investor may buy if market could support above 2054. Target is 2083, 2091 and 2124.

Plan B : Fresh seller may stay out today unless plan changed. Subscriber will get updates. Ask us how at futures.coin@gmail.com

Plan C : Above 2100, do nothing.

Plan D : Below 2050, do nothing.