Plan B : Cut above 1420.

Plan C : Long only if market tested 1384 and rebounds. Targets are 1388, 1392 and 1395.5.

Plan D : Cut below 1380.

FCPO

FCPO opened higher this morning later dived to 2315 the second session, erasing all the gain. Dalian closed +26 ended 4898 and soybean oil is +0.48. Ringgit stays at RM4.22 against the greenback.

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Afternoon Plan 

Plan A : Long if market supported firm above 2327. Targets are 2345 and 2368.

Plan B : Short if market rebounded but failed to support above 2342. Targets are 2323 and 2305.

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