16/11/2017
FKLI Nov 17
Previous Close: 1716.5 -13
Index closed at low yesterday, recorded for 6 straight falling days. US dropped around 138 pts yesterday, FKLI later may open low first.
Daily chart show index drops to lower low since March 2017. RSI near to oversold, be cautious of any technical rebound signal. BB & MACD more to bearish, show limited upside for the index.
Price Level to monitor today:
Resistance: 1728
Support: 1700
Recommend Trading Plan for the day:
1. Wait for further entry signal.
FKLI Margin Requirement (per lot)
Intraday MYR2000
Overnight MYR4000
Spread MYR500
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