FKLI Updates

02 Nov - KLSE Futures Continue to Look For SELL!!

InvestorsDoctor
Publish date: Thu, 02 Nov 2017, 09:16 AM
Here we update timely info about FKLI

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02/11/2017
 
FKLI Nov 17
 
Yesterday Close: 1737.5 -6
 
Index fail to sustain above 1740 level, ended lower after Nikkei Manufacturing PMI show below than expected result. Watch out for Msia balance of trade data tomorrow.
 
Based on hourly chart, RSI in oversold may trigger a technical rebound, yet overall trend still in sideway to lower as MACD crossing down to negative zone and index trades at lower BB band.
 
Price Level to monitor today:
Resistance:     1744 1748 1750.5
Support:     1733 1727
 
Recommend Trading Plan for the day:
1. Sell at lower low 1736.5, stop 1740.5, profit 1732.5
2. If price go rebound 1st, sell 1744-1747, stop 1751, profit 1734
 
FKLI Margin Requirement (per lot)
Intraday     MYR2000
Overnight   MYR4000
 

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Discussions
Be the first to like this. Showing 5 of 5 comments

InvestorsDoctor

Recommend Trading Plan 1 to sell 1736.5 was triggered and profit target 1732.5 hit at 9:30 am. This recommendation worth RM 200 within half hour. CHEERS!!

2017-11-02 09:43

hstha

Just weak Nikkei Manufacturing PMI? haha

That's why Malaysian stocks have not followed a global rally.
local investors and analaysts tend to fail to see a big picture.The KLCI has been already underperforming.

2017-11-02 09:51

InvestorsDoctor

Ya men, Your angle in bigger context which is correct. For the pre election market before 2013, market has been sideway for 9 months before certainty kick in the market and rally. While looking for this round of pre election season, our market trading in range since April and no certainty of election date and also the results yet. Thus we understand your frustration as your angle from bigger context. You are welcome to reach us to learn and know how to trade in intraday manner with a good trading plan. We been providing profitable trading plan for 6 markets since posting here.

2017-11-02 10:14

ScrewDriver

KLCI already sideways for 149 days. still can go anymore bearish than this? I doubt.

2017-11-02 11:43

latif11

Richest village in china.. kampung HuaXi or Village Huaxi.. How did the village population get rich rich rich???

https://www.youtube.com/watch?v=eHI8KzdpR8Q

2017-11-02 11:44

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