FKLI

FKLI recorded a new peak since August 2019 but failed to sustain above this level and closed at 1617. Market seems to still having the window dressing effect and is quite firm supported above the support levels.

Plan A : Attempt to long if markets declines but still supported above 1608.5. Cut below 1604.

Plan B : Targets are 1611, 1614 and 1617.5.

Plan C : Attempt to short if market falls below 1608.5. Cut above 1613.

Plan D :Targets are 1605, 1602 and 1599.

FCPO

FCPO remain firm above 3100's though some sell attempts are initiated. Dalian and soybean oil is mixed while Ringgit stays strong above RM4.09 against the greenback.  

Plan A : Short if market failed to support above 3110. Targets are 3095 and 3082.

Plan B : Long if market supported firm above 3110. Targets are 3123 and 3136.

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