FKLI will likely open a little lower, for the first trade today, one can attempt to Long 1-3 points below the opening price. Try get 5-7 points profit and put a stop 5 points way from your entry point. Close your position by the end of the day.
FCPO price continued to erode as there were no positive leads and prices at Dalian and CBOT also continued lower. RSI is almost in oversold territory and any rebound is an opportunity to Short. Technicals - trend down ; RSI 25.08 ( oversold ) ; stochastic oversold ; parabolic SAR at 2308 ; support 2220 / 2200 / 2135 ; resistance 2300 / 2345 / 2400.
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