FCPO

FCPO spiked at opening following the surge in the Dalian RBD market. Dalian is trading at 5832, +190 at the moment while soybean oil +0.32. Ringgit stays at RM4.22 against the greenback. 

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Plan A : Long if market supported firm above 2734. Targets are 2750 and 2771.

Plan B : Short if market failed to support above 2734. Targets are 2718 and 2698.

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