Where Futures Lies

Daily Futures Trading Strategy 29 December 2023 (Local Market)

Futurescoin
Publish date: Fri, 29 Dec 2023, 03:22 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
 
The FBM KLCI (+0.22%) posted slight gains following mild year-end window dressing as investors remained at the sidelines.
 
 

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Plan A : Attempt long if the market stays above 1459. Targets are 1465 and 1471

 

Plan B : Consider short if the market stays below 1459. Targets are 1456 and 1453.

 

 

 

FCPO
 
FCPO resisted and currently plummeted down, trying to break the support around 3690. Dalian traded -156 at 7084 while soybean oil traded -0.02 at 47.96 for the day. Ringgit strengthen to 4.59 against the greenback.

 

 

 

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Dec subscription.
 
 
 
Plan A : Long only if market supported above 3720. Targets are 3740 and 3769.

 
Plan B : Short if market fail to support above 3720. Targets are 3690 and 3662.

 
 
 
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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