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Plan A : Remain sell as long as market stays below 1592. Targets are 1581 and 1575.5.
Plan B : Consider long only if market supports above 1580.5 and rebound. Targets are 1586 and 1592.
FCPO
FCPO opened high this morning, briefly visited 3618 before a tumble back down to 3540's the second session. Dalian closed +122 at 7278 while soybean oil traded +0.10 at 46.99. Ringgit stays at RM4.03 against the greenback.
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Afternoon Plan
Plan A : Long if market supported firm above 3587. Targets are 3609 and 3633.
Plan B : Short if market rebounded but failed to support above 3587. Targets are 3565 and 3544.
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