Plan B : Cut above 1741
Plan C : Consider buying only if market retrace slightly but supported above 1730
Plan D : Cut below 1728
 

FCPO

FCPO struggled back to 2486 before a slip to 2449, breaking the recent low and eventually settled at 2458. Dalian and soybean oil are rather weak this morning while Ringgit stays at RM4.07 against the greenback.

Plan A : Sell if market rebounded and resisted around 2455. Targets are 2425 and 2378.

Plan B : Buy if market supported above 2625. Targets are 2644 and 2655.

Plan C : Above 2655, no fresh position.

Plan D : Below 2625, no fresh position.    

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.