Where Futures Lies

Daily Futures Trading Strategy 5 December 2022 (Local Market)

Futurescoin
Publish date: Wed, 07 Dec 2022, 09:49 AM
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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 ended lower on lack of buying interest in large-cap stocks as risk appetite shifted to smaller cap companies, particularly real estate investment trust and energy stocks.
 

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Plan A : Consider long if the market stays above 1488. Targets are 1493 and 1510.
 
Plan B : Attempt short if the market stays below 1486. Targets are 1482 and 1477
 
 
 
FCPO
 
FCPO continues to move within consolidation range. Dalian closed higher while soybean oil traded lower. Ringgit strengthen to against the greenback at RM4.39.
 

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Plan A : Short if market failed to support above 4031. Targets are 4003 and 3977.
 
Plan B : Long if market supported firm above 4031. Targets are
4077 and 4093.
 
 
 
 
 
 
 
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, mining.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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