FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 19/6/2018 - Likely extend losses on trade war tension

InvestorsDoctor
Publish date: Tue, 19 Jun 2018, 08:44 AM
InvestorsDoctor
0 1,969
Here we update timely info about FKLI

To get more information on local and foreign futures markets, u can join us at telegram and Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/
Following Message





19/6/2018

*FKLI Jun 18*

Previous Close: 1732 -26

FKLI closed at its day low yesterday as weighed down by heavy foreign fund selling and trade war tension. US stock market drop more than 100pts overnight and futures down another 150pts this morning after US President imposed new tariffs on Chinese goods. FKLI likely gap down and test support.

Daily chart showed FKLI broke and closed below lower low, more to bearish, while hourly chart testing RSI oversold, may test support level 1700-1710.

*Classic Support & Resistance*
Resistance: 1747.5 1763
Support: 1713 1702

*Recommend Trading Plan for the day:*
1. Sell 1731, stop 1736, profit 1726/1721.

*FKLI Margin Requirement*
Intraday MYR 2000
Overnight MYR 4000
Spread MYR 500

Join our channels to find out more!

Telegram link:
https://t.me/investorsdoctoracademy

Facebook link: https://m.facebook.com/investorsdoctoracademy

More articles on FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 31/12/2019 - Close above 1626 for more upside

Created by InvestorsDoctor | Dec 31, 2019

Daily Futures Commentaries: [FKLI Malaysia Index] 30/12/2019 - 1595 or 1620 wait for breakout

Created by InvestorsDoctor | Dec 30, 2019

Daily Futures Commentaries: [FKLI Malaysia Index] 27/12/2019 - Close below 1595 to trigger technical correction

Created by InvestorsDoctor | Dec 27, 2019

Daily Futures Commentaries: [FKLI Malaysia Index] 26/12/2019 - Close above 1620 for more upside

Created by InvestorsDoctor | Dec 26, 2019

Daily Futures Commentaries: [FKLI Malaysia Index] 24/12/2019 - Close above 1620 for more upside

Created by InvestorsDoctor | Dec 24, 2019

Daily Futures Commentaries: [FKLI Malaysia Index] 23/12/2019 - Close above 1610 for more upside

Created by InvestorsDoctor | Dec 23, 2019

Daily Futures Commentaries: [FKLI Malaysia Index] 20/12/2019 - Close above 1610 for more upside

Created by InvestorsDoctor | Dec 20, 2019

Daily Futures Commentaries: [FKLI Malaysia Index] 19/12/2019 - Year end window dressing coming?

Created by InvestorsDoctor | Dec 19, 2019

Daily Futures Commentaries: [FKLI Malaysia Index] 18/12/2019 - Strong rebound near market close to test 1580 level

Created by InvestorsDoctor | Dec 18, 2019

Daily Futures Commentaries: [FKLI Malaysia Index] 17/12/2019 - Testing rebound, above 1580 for more upside

Created by InvestorsDoctor | Dec 17, 2019

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment