FKLI Updates

Author: InvestorsDoctor   |   Latest post: Fri, 17 May 2019, 8:46 AM


Daily Futures Commentaries: [FKLI Malaysia Index] 24/4/2019 - Foreign fund buy for 1st day, likely to support FKLI

Author:   |    Publish date:

*FKLI Apr 19*
Previous Close:  1626 +4.5
FKLI rebounded to test 1630 level yesterday on support of foreign fund buying. US market up more than 100pts last night, likely to limit downside of FKLI. 
Hourly chart showed FKLI move within previous range, wait for more breakout signal.
*Classic Support & Resistance* 
Resistance: 1634 1640.5
Support: 1619.5 1609.5
*Recommend Trading Plan for the day*
1. Trade in range 1620-1640
*FKLI Margin Requirement* 
Overnight  MYR 4000
Spread       MYR 500
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