Where Futures Lies
Daily Futures Trading Strategy 24 March 2021 (Local Market)
Futurescoin
Publish date: Wed, 24 Mar 2021, 03:45 PM
Futurescoin
0 3,350
We track market on a daily basis and we adjust our planning according to the market movement. It is very vital for traders to adapt and react to changes.We have prioritized group that gets our first hand info on trading. If you are interested, please drop us an email at futures.coin@gmail.com for further detail. On the other hand, please follow us at our blog http://futurescoin.blogspot.com/ as posting will be early in our blog than I3investor.
LOCAL MARKET
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FKLI
FKLI dipped 1.5% on Tuesday, tracking weaker regional lead on dampened risk appetite. Investors are advised to be cautious after market did a first day break down yesterday from a two-week consolidation.
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Plan A : Attempt short if market do a technical rebound but fails to breach above 1609. Targets are 1601 and 1593.
Plan B : Consider long only if market holds firm above 1593 and rebound. Targets are 1601 and 1608.
FCPO
FCPO dived back below 3900-mark after yesterday's surge. Dalian closed unchanged while soybean oil traded -0.14 at 56.88. Ringgit weakened against the greenback at RM4.13.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.
Plan A : Long if market supported firm above 3895. Targets are 3918 and 3941.
Plan B : Short if market failed to support above 3895. Targets are 3872 and 3851.
Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
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