FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 22/6/2018 - Hit nearly 1 and half year low on trade war tensions & foreign fund selling

InvestorsDoctor
Publish date: Fri, 22 Jun 2018, 08:38 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




22/6/2018

*FKLI Jun 18*

Previous Close: 1792.5 -10.5

FKLI once hit its lowest since Feb 2017, yet managed to pull back to limit its losses on late buying, however a close below 1700 still show market weakening, led by trade war tension and foreign fund selling. US stock market fell near 200pts last night, FKLI may gap down and retest support 1st.

Daily chart formed 4 bearish candles in a row with lower highs & lows, more to bearish, while hourly chart show FKLI in RSI oversold zone, watch out for potential technical rebound.

*Classic Support & Resistance*
Resistance: 1708.5 1730.5
Support: 1676 1668

*Recommend Trading Plan for the day:*
1. Buy 1695 for technical rebound, stop 1690, profit 1700/1705.
2. Look for sell signal if break below 1676 yesterday low.

*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