FKLI Updates

28 Dec - KLCI Futures Still Window Dressing, Watchout for Potential Profit Taking

InvestorsDoctor
Publish date: Thu, 28 Dec 2017, 09:22 AM
Here we update timely info about FKLI

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28/12/2017
 
 FKLI Dec 17
 
 Previous Close: 1776.5 +13
 
 
 
Please be noted Dec 17 contract will be expired by end of this Friday, traders may choose to trade Jan 18 contract. FKLI closed at another new high yesterday, show that year end rally continue. 
 
Hourly chart's technical indicators remain bullish, but watch out for potential profit taking as RSI in overbought.
 
 Price Level to monitor today: 
Resistance : 1790 1800 
Support : 1770 1762
 
 Recommend Trading Plan for the day: 
1. Buy 1778.5, stop 1772, profit 1785
2. If price retrace 1st, Buy 1771 or below, stop 1761, profit 10pts.
 
 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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