FKLI Updates

5 Oct FKLI Commentary and Trading Plan

InvestorsDoctor
Publish date: Thu, 05 Oct 2017, 09:12 AM
Here we update timely info about FKLI

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5/10/2017
 
FKLI Oct 17
 
Yesterday Close: 1756.5 +0
 
 
Msia not much changes in tight movement yesterday, with US continue to break new high, global sentiment remain positive, but Msia still under pressure of election uncertainty, US interest hike & its balance sheet shrink.
 
Hour chart show fibo price move in 61.8-78.6 level, with hour close above 1760 to form further rebound signal. Resistance 60 70 Support 45 35
 
1. Buy above 1760 with stop below 1755 or
2. If expect index cant break 1760 resistance, sell with stop if hour close above 1760.
 
Margin Requirement
Intraday     MYR2000
Overnight  MYR4000
Spread       MYR500
 
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