Where Futures Lies
Daily Futures Trading Strategy 8 June 2021 (Local Market)
Futurescoin
Publish date: Tue, 08 Jun 2021, 03:36 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 finished lower on Friday, dragged by selldown in glove stocks as Supermax was removed from the key KLCI index. With U.S. markets moving in sideway trading, do expect FKLI to be same today.
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Plan A : Attempt buy only if market able to trade firmly above 1576. Targets are 1582.5 and 1586.5.
Plan B : Consider short if market surges but fails to breach above 1586.5. Targets are 1578.5 and 1571.5.
FCPO
FCPO slumped throughout the sessions and currently taking a breather after the event. Dalian closed -364 at 7656 while soybean oil remain strong at $70.54. Ringgit stays at RM4.11 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.
Plan A : Short if market rebounded but failed to support above 3988. Targets are 3966 and 3941.
Plan B : Long only if market supported firm above 3988. Targets are 4010 and 4033.
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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