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Plan A : Remain short as long as FKLI trades below 1569 consistently. Targets are 1552.5 and 1545.5.
Plan B : Consider long only if market trades firmly above 1552.5 and rebound. Targets are 1559.5 and 1569.
FCPO
FCPO stabilized above 3400-mark today, trying to breach above 3500's. Dalian closed +82 at 7018 while soybean oil traded +0.37 at 60.53. Ringgit stays at RM4.15 against the greenback.
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Plan A : Long if market supported firm above 3490. Targets are 3515 and 3539.
Plan B : Short if market failed to support above 3490. Targets are 3468 and 3442.
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