Where Futures Lies

Daily Futures Trading Strategy 28 April 2021 (Local Market)

Futurescoin
Publish date: Wed, 28 Apr 2021, 04:02 PM
Futurescoin
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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 continue to depress today, briefly touched below 1600-mark in the morning. Market muted today after some selling pressure yesterday. 
 

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Plan A : Remain buy as long as market trades firmly above 1600. Targets are 1604 and 1609.
 
Plan B : Consider short only if market fails to support above 1600. Targets are 1595 and 1589.
 
 
 
 
FCPO
 
FCPO slumped early morning following the gap-down from the regional markets. Dalian closed unchanged at 7406 while soybean oil traded -2.38 at 58.53. Ringgit stays at RM4.10 against the greenback.
 

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Plan A : Short if market failed to support above 3924. Targets are 3901 and 3879.
 
Plan B : Long only if market supported firm above 3924. Targets are 3946 and 3968.
 
 
 
 
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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