12/6/2018
*FKLI Jun 18*
Previous Close: 1777.5 +2.5
FKLI retreat from its gains at above 1790 and closed with mostly flat yesterday, as pressured by foreign fund selling, despite a strong Msia industrial production. Today watch out for Msia retail sales & unemployment rate Apr 18 at 12pm. Foreign markets mostly unchanged last night as market awaiting result of Trump-Kim Summit & FOMC meeting.
Daily chart formed an indecisive candle, close below 1768 to trigger further sell signal.
*Classic Support & Resistance*
Resistance: 1796.5 1816.5
Support: 1768 1735
*Recommend Trading Plan for the day:*
1. Look for sell signal below 1768.
*FKLI Margin Requirement*
Intraday MYR 2000
Overnight MYR 4000
Spread MYR 500
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Created by InvestorsDoctor | Dec 30, 2019