Plan B : Consider short only if market fails to stays firm above 1599. Targets are 1592 and 1587.
FCPO
FCPO hovers around the 3300 border eventhough the Dalian market turnaround before the first session close. It seems like seller has totally lost the courage after the few round of volatility play. Dalian closed -56 at 6662 first session while soybean oil -0.42 at 38.01. Ringgit strengthen against the greenback at RM4.06.
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Plan A : Short if market failed to support above 3293. Targets are 3279 and 3255.
Plan B : Long only if market supported firm above 3293. Targets are 3415 and 3438.
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