Highlights

FKLI Updates

Author: InvestorsDoctor   |   Latest post: Tue, 31 Dec 2019, 8:35 AM

 

Daily Futures Commentaries: [FKLI Malaysia Index] 23/12/2019 - Close above 1610 for more upside

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23/12/2019
 
FKLI Dec 19
 
Previous Close:  1608 +4.5
 
FKLI extended its gains on last Friday, while US stock market ended the final trading session of the week with gains too. 
 
Hourly chart formed higher highs & lows, more to bullish, but be cautious as RSI in overbought.
 
Classic Support & Resistance 
Resistance: 1622 1635
Support: 1590 1580
 
Recommend Trading Plan for the day
1. Buy 1610, stop 1607, profit 1613/1616/1619
 
FKLI Margin Requirement 
Overnight  MYR 3000
Spread       MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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