Where Futures Lies
Daily Futures Trading Strategy 1 June 2021 (Local Market)
Futurescoin
Publish date: Tue, 01 Jun 2021, 01:58 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
Market did a marvelous job in refusing to drop too much despite a full lockdown in place starting from today onwards. Investors were seen picking up beaten stocks with healthcare stocks taking the lead for the rebound. Market is expected to open little changed with U.S. market closed yesterday for Memorial Day.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for June subscription.
Plan A : Attempt buy if market tests support at 1571.5 and rebound. Targets are 1581.5 and 1589.
Plan B : Consider short if market surges but fails to breach above 1589. Targets are 1583 and 1576.
FCPO
FCPO continue to hover within consolidation range over the past few days. Dalian closed first half -22 at 7564 while soybean oil traded +0.29 at 66.08. Ringgit stays at RM4.12 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for June subscription.
Afternoon Plan
Plan A : Long if market supported firm above 3919. Targets are 3942 and 3968.
Plan B : Short if market failed to support above 3919. Targets are 3898 and 3875.
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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