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Plan A : Remain short as long as market stays trading below 1619. Targets are 1609 and 1601.
Plan B : Consider long only if market trades firmly above 1610. Targets are 1617 and 1624.
FCPO
FCPO briefly dived below 3700 the second session and quickly regain the losses made not long after. Dalian also rebounded from the low, ended -26 traded at 7046 while soybean oil +0.37 at 43.00. Ringgit stays at RM4.03 against the greenback.
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Plan A : Short if market failed to support above 3697. Targets are 3675 and 3650.
Plan B : Long if market doesn't retrace much and supported firm above 3697. Targets are 3720 and 3745.
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