Highlights

FKLI Updates

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

 

Daily Futures Commentaries: [FKLI Malaysia Index] 30/12/2019 - 1595 or 1620 wait for breakout

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30/12/2019
 
*FKLI Dec 19*
 
Previous Close:  1611 +10.5
 
FKLI ended higher on last Friday for year end rally and gap up this morning as tracking gains in foreign market. 
 
Hourly chart entered range 1595-1620, wait for breakout.
 
*Classic Support & Resistance* 
Resistance: 1620 1640
Support: 1595 1580
 
*Recommend Trading Plan for the day*
1. If index retreat, buy 1607, stop 1604, profit 1610/1613/1616
 
*FKLI Margin Requirement* 
Overnight  MYR 3000
Spread       MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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