FKLI Updates

30 Nov - KLCI Futures Have Sign of Rebound

InvestorsDoctor
Publish date: Thu, 30 Nov 2017, 08:53 AM
Here we update timely info about FKLI

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30/11/2017
 
 FKLI Dec 17
 
 Previous Close: 1715.5 +9.5
 
 
Please be noted comment today is based on Dec 17 contract. Yesterday US shoot up another historical high with 100+ pts, FKLI may open high later. FKLI rebounds from lower low yesterday amid of stronger MYR. 
 
Daily & hourly charts do not have strong rebound signal. Index close above 1722.5 to form further rebound signal.
 
 Price Level to monitor today: 
Resistance :1722.5 1733
Support :1704.5 1693
 
 Recommend Trading Plan for the day: 
1. Buy 1714-1716, Stop 1711, profit 3-5 pts.
2. See whether break resistance for further buy/sell signal
 
FKLI Margin Requirement
Intraday     MYR 1750
Overnight  MYR 3500
Spread       MYR 500
 
Disclaimer: Idea for sharing purpose, trade at your own risk.
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